Stocks
Even though 2020 was one of the worst years ever, what with the pandemic, chaos, fear, record-high unemployment rates and mass closings of businesses, the stock market managed to survive all that and recover from its spring collapse faster than anyone could have predicted.
According to Yahoo Finance, financial specialists are expecting a continuous increase of the S&P 500 and have projected that the stocks will cost more in 2021, as the COVID-19 vaccines become available to the population and could put an end to the pandemic.
Gold
According to Forbes, gold will not lose its luster in 2021, as prices are expected to rise, if not sky-rocket due to the government using up way more money than what has been coming in. The US government has printed trillions of dollars (as if out of thin air) to provide financial support to businesses and people severely hit by the pandemic. As a result, the national debt increased in 2020 more than it did in the past ten years combined.
However, gold investors will be pleased to find out that this precious metal will shine brighter in 2021, even if last summer, the gold prices dropped dramatically, along with digital currencies and stocks. But just like them, the gold value will be moving up.
