As financial markets across the world experience a level of volatility that is provoking concern, many people are turning their eyes to assets that may help protect their wealth during such times. Gold is a topic of much interest these days since it has traditionally been considered a safe-haven asset that often holds a stable market value in the face of downturns.
In their continuing effort to make resources and information available to the public, U.S. Money Reserve, America’s Gold Authority®, has recently released a forecast on the state of gold heading into the new year. We have summarized the document below to help better inform anyone who is interested in purchasing gold during these potentially turbulent times.
Previous Year’s Turmoil
With the economy now 10 years out from the 2008 financial crisis, many economists are beginning to worry that we may be heading back into a recession. This prediction may seem unintuitive, since many economic indicators performed well in 2018.