Serial Monitor Refresh & GPS Question

I am wondering if it is possible to have the serial communication refresh say every few seconds or every minute or something

Certainly you can print to the serial port at whatever interval you want. Just delay() between prints, or, get smart and use the blink without delay example's techniques.

The reason for this is because I am using an adafruit ultimate gps module to give me the time and date, and would like for it to update at least every minute.

So? Just do it.

Is this possible?

Of course it is. But, use terms that relate to your code, not all that handwaving, so we understand what problems you have embedded in your code.