Americans saw one of the most dramatic stock market crashes earlier this year. In four trading days, the Dow Jones plunged 6,400 points, a near 26% decline. One of the fastest declines on record, from merely this March. These are stressful and frantic times, to say the least. Some analysts believe it is far from … Read more

With increased fears of uncertainty with the upcoming election, talks of additional stimulus and the chance of a second wave of coronavirus emerging amid flu season, one can’t help but wonder how hard the hit to our economy will be? To start, take a look at central banks. They’re ‘printing money’ and creating large amounts … Read more

When it comes to finances, who better to listen to than a billionaire who’s accumulated his wealth through first-hand experience? Multi-billionaire Jeffrey Gundlach, CEO of DoubleLine Capital investment firm, has been labeled “The Bond King” for good reason. It’s safe to say he’s an expert in his field. Gundlach believes there is a vast market … Read more

Election years have always proven to have controlling effects on the markets, and although the same could be said for this election, the circumstances we are facing are different, much different. The American economy was booming until COVID hit. Every sector, business, market, commodity, etc. felt its impacts. Then, the $2.2 trillion stimulus package, or … Read more

401(k)’s could soon be undergoing a drastic “update,” depending on who is elected as our 46th president. Former Vice President and 2020 presidential contender Joe Biden has vocalized his intent to make 401(k)’s as beneficial for low-to middle-income workers as they have been for higher-income families. When asked about Joe Biden’s plan, Jamie Hopkins, Director … Read more

The Federal Reserve has announced to keep the interest rates low despite expected inflation of 2%. Dallas Fed President Robert Kaplan announced that inflation could range between an annual rate between 2.25% and 2.5%. Low-interest rates have been evident in the recent economy and the Federal Reserve keeps decreasing the interest rates on an annual … Read more

Can two combative politicians, slugging it out on national television, actually spike the price of gold? Based on the numbers from this week’s Trump-Biden debate, it appears to be true. The price of gold rose in the week preceding the debate. Gold prices are expected to rise even higher as Americans scramble for safe-haven assets … Read more

Gold’s outstanding performance over the last few years has caught millions off-guard. An asset that has always been regarded and utilized as a safe-haven for cash and as a hedge against inflation — has actually outperformed many stocks over similar periods. In fact, over the past 20 years leading up to its all-time high in … Read more

As we draw closer to the Presidential election the future of our county’s financial stability is more uncertain than ever before. The US Congress goes on recess this Friday, without approving any type of new economic stimulus package. According to economists, that could lead to a double-dip recession, which certainly won’t help the dollar. Meanwhile, … Read more

This has been the year that momentarily stopped everyone, and “nearly” everything in its tracks, including the United States Dollar. We say nearly because one asset, in particular, saw significant growth during COVID-19’s initial outbreak. Ray Dalio, the founder of Bridgewater, the largest hedge fund, believes that 2020 merely exposed what’s to come of the … Read more

Bank of America Securities’ Francisco Blanch says a $3,000 target price on gold over the next 18 months is a scenario that should be taken seriously. In the past 15 years, gold has risen 315.48%. Since January 1st, 2019, it is up near 52% alone, and things don’t seem to be slowing down anytime soon. … Read more