Why the Gold Rally Is Set to Run

 Thre Street
"It's all systems go for gold investors. The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the start of the price surge. '[W]e believe there is a very good chance that this marks the beginning of a new gold bull market,' says gold market veteran Joe Foster, portfolio manager for the VanEck International Investors Gold Fund. Foster says the run is 'likely to last several years.' With that in mind, smart investors should consider buying a heftier than usual helping of gold...Swiss bank UBS now sees the potential for the price to rise as high as $1,580 by the end of next year. That's around 14% higher than its current price....Negative yields mean that investors are guaranteed to get back less money than they put in, and that is a game changer for the gold market...'Negative yields remove the opportunity costs from holding gold,' says Milling-Stanley....Continued geopolitical uncertainty around the world is making investors nervous, and they want to invest in something that they can count on, like gold."