Market Overview

Gold, Silver Experiencing the Calm Before the Storm while They Wait for QE3 Rotation to Come Around, Reports Gold Price

Gold and silver are behaving exactly as they did directly after the first two quantitative easing programs were put into effect, which prompts precious metals experts to see significant price spikes in their future, reports Gold Price.

New York, NY (PRWEB) February 19, 2013

Gold and silver's performance at the beginning of 2013 might seem alarming at first, however, not so if one looks at the way the precious metals have behaved immediately following the first two installments of the Federal Reserve's money printing scheme, reports American gold dealer, Gold Price.

Arthur McGuire, Vice President of Gold Price, says, “Directly after both Quantitative Easing 1 and Quantitative Easing 2, it was not gold or silver that enjoyed higher prices, but stocks. More specifically, asset price inflation wasn't seen until after treasury purchases began following the QE programs that were launched. So while the current easing program was initiated in September, treasury purchases didn't start up until the New Year, the effects of which have been seen in higher prices in the stock market, and a slump in gold and silver prices. Gold and silver investors await the “Great Rotation.”

McGuire adds, “Precious metals investors are currently being put to the test. Both gold and silver have risen dramatically since the Fed started implementing these quantitative easing programs, and there is no reason to believe that the metals won't react in kind to the third QE program. Hold onto your gold and silver, and it will pay of and protect your wealth in the end. This ‘Great Rotation' won't be the last price boost the metals will see, either. All that money printed by the Fed will have to leave the bank vaults sometime, and when it does, we could see very high inflation rates along with very high gold and silver prices.”

Gold Price (GoldPrice.net) is a leading precious metals advisor since 1992 with headquarters in New York, California, Texas, Utah, New Mexico and Puerto Rico. Gold Price is also a direct gold and silver dealer, specializing in purchasing, selling and trading physical gold and silver, such as modern bullion bars/coins and certified rare coins. They offer investors a free award-winning gold starter's kit by visiting http://www.goldprice.net or calling 1-800-767-1423.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebgold-price-2013/gold-silver-prices/prweb10447263.htm

 

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