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Why Gold is Wells Fargo Favorite Asset in 2021

gold-wells-frgo

When a large corporation like Wells Fargo publicly announces its bullish outlook, especially the potential of gold prices rising, it’s something worth noting. While owning gold is by no means new, in fact, it has been around much longer than any currency we are familiar with today, the head of real asset strategy at Wells … Read more

Dollar Drops to 2.5 Year Low, Gold Rises

stimulus package

Another round of fiscal stimulus is in the works as Washington faces a looming deadline to avoid a government shutdown. The news has sparked instant price rises in safe-haven assets like gold. Why? Because the more new money that is printed, the lower our current currency value goes, leading to higher inflation. The Federal Reserve’s … Read more

Citigroup: Dollar May Drop by 20%, Goldman Sachs Says Gold Bull Market to Continue Into 2021

gold rising 11.20

A new, foolproof vaccine would definitely be a good thing, right? Well, at least that’s how the majority of the population would see it. In a year as wild as 2020, even the slightest bit of “good” news would be something expected to lift our spirits. However, the one main thing that may suffer most … Read more

Supporters Rally as Rising COVID Cases Setback Economic Recovery

covid increases

This past weekend, thousands of Trump supporters rallied at the nation’s capital to show their appreciation and support for the president’s continued efforts to fight back. The president drove by a crowd of supporters and later retweeted encouragement from the rally saying, “We will win!” bringing more encouragement to his supporters. Yet, re-election is not … Read more

2020 Election & COVID-19…It’s Not Over Yet

uncertainty

The Associated Press called the presidential race for Joe Biden on Saturday morning. Half of America is celebrating the results while the other half is questioning the legitimacy of the current ballot-counting process. Biden delivered a “pre” victory speech with supporters flooding the streets to express their support, yet, the country may be weeks away … Read more