Investing in gold will be one of the best ways to make money in 2017.
On Wednesday (March 1), the Dow sailed past the 21,000 mark on its way to another all-time high. But the Dow’s post-election run – up 15% – has investors wondering when the markets will fall.
Is the price of gold going up this year?
The Dow’s record-smashing rally is still going, as the index closed at an all-time high for the tenth time in a row yesterday (Feb. 23).
The Dow has soared 13% since Election Day, and just last week (Feb. 10), all three major indexes closed at their all-time highs.
But some think we’re headed for a crash. Here’s what they say.
The Dow has jumped 8% since the start of the “Trump rally” on Nov. 8, but a stock market crash could be coming as Trump takes office on Jan. 20.
With inflated stock prices and the Fed’s commitment to 3 interest rate increases in 2017, a stock market crash this year is a distinct possibility.
The news surrounding the Fed earlier this month had many investors wondering how higher interest rates can cause a stock market crash.
Some gold stocks in 2016 surged as high as 471% in 2016.
Stock markets might have shattered record highs this month, but overheated markets could signal a 2017 market crash…