How High Could the Price of Gold Climb? Try $3,000

Whether this is your first year as an investor or you've been working your way toward retirement for decades, there's simply nothing that could have prepared you for the level of disruption caused by the coronavirus disease 2019 (COVID-19) pandemic.

During the first quarter, the broad-based S&P 500 imploded, losing 34% of its value in less than five weeks. This was followed in the second quarter by the strongest quarterly rally for equities since 1998. Some industries are teetering on bankruptcy (airlines, oil and gas), while others are rocketing to new highs seemingly every day (tech stocks). It's been volatile and chaotic, to say the least.

Image source: Getty Images.

Source Fool.com