News
An Explanation for the Moon’s Drastically Different Hemispheres at Last
Pink Floyd was wrong, there is no dark side to the Moon. There is however, a far side. The tidal effects between the Earth and Moon have caused this captured or synchronous rotation. The two sides display very different geographical features; the near side with mare and ancient volcanic flows while the far side displaying craters within craters. New research suggests the Moon has turned itself inside out with heavy elements like titanium returning to the surface. It’s now thought that a giant impact on the far side pushed titanium to the surface, creating a thinner more active near side.
There have been a number of theories for the formation of the Moon; the capture theory and the accretion theory to name two of them. Perhaps the most accepted theory now is the giant impact theory which suggests Earth was struck by a large object, causing a lot of debris to be ejected into orbit. This material eventually coalesced to form the Moon we know and love today.
In the decades that followed the Apollo missions, scientists studied the rocks returned by the astronauts. The studies revealed that many of the surface rocks contained unexpectedly high concentrations of titanium. More surprisingly was that satellite observations revealed these titanium-rich minerals were far more common on the nearside and absent on the far-side. What is known is that the Moon formed fast and hot and would have been covered for a short period in an ocean of molten magma. The magma cooled and solidified forming the Moon’s crust but trapped below was the more dense material including titanium and iron.
The dense material should have sunk to greater depths inside the Moon; however, over the years that followed, something strange seems to have happened. The denser material did indeed sink, mixed with mantle but melted and returned to the surface as titanium-rich lava flows. Debates have been raging whether this is exactly what happened but a new piece of research by a team at the University of Arizona Lunar and Planetary Laboratory offer more details about the process and how the interior of the Moon evolved.
It has already been suggested that the Moon may have suffered a giant impact on the far side causing the heavier elements to be forced over to the near side, but the new study highlighted supporting evidence from gravitational anomalies. The team measured tiny variations in the Moon’s gravitational field from data from the GRAIL mission. GRAIL – or Gravity Recovery and Interior Laboratory – orbited the Moon to create the most accurate gravitational map of the Moon to date. Using GRAIL data, the team discovered that titanium-iron oxide minerals had migrated to the near side and sunk to the interior in sheet-like cascades. This was consistent with models suggesting the event occurred more than 4.22 billion years ago.
As paper co-author and LPL associate professor Jeff Andrews-Hanna said “The moon is fundamentally lopsided in every respect.” The near side feature known as Oceanus Procellarum is a great example. It is lower in elevation and has a lava flow covered thinner crust with high concentrations of titanium-rich elements. This is very different on the far side. The strange and unique structure of the region is thought to be key in understanding the event that happened billions of years ago to shape the Moon we see today.
Source: [How the Moon turned itself inside out](https://www.eurekalert.org/news-releases/1040333)
News
Is now the right time to invest in gold as prices have cooled?
The price of gold has climbed to record highs recently and has remained strong through much of April. And, that growth continued until the precious metal traded at around $2,390 per ounce on April 19, 2024. But since, growth in the price of the precious metal has cooled, with gold’s price now hovering around $2,300 per ounce.
This lull in gold’s price may represent an investment opportunity.
In general, investing is centered around buying assets when prices are low and selling them when prices are high – generating a profit on the difference between the two. So, considering the declines in gold’s price over the past few days, now may be the time to make your investment. But is buying gold during this lull in prices really a good idea?
Compare your gold investment options among leading brokers now.
Gold prices have cooled. Should you buy in now?
With gold’s price down from recent highs, you may be wondering if now is the right time to buy in. There are several reasons the dip in gold’s price may represent an opportunity to buy. Here are some of the biggest:
Prices may rise again
If looking at a gold price chart shows anything for certain, it shows that changes in the overall growth of the medal come in fits and spurts. Periods of price growth are typically followed by periods of declines and vice versa.
But with inflation rising in recent months – and with gold’s reputation as a safe-haven asset that can hedge against inflation – it only makes sense that the price of the precious metal will eventually start to head up again in the future. While attempting to time that directional change may be tricky, buying the precious metal while the price is down gives you the opportunity to take advantage of any upward movement that may be ahead.
Add gold to your portfolio now before prices have a chance to rise.
You may be able to make a quick profit
Gold isn’t known as an asset in which you can earn a quick return, but in today’s market, that may be the case. Don’t forget that in January, gold was trading at just $2,000 per ounce. And, by mid-April, the commodity’s price had climbed to around $2,400 per ounce. That’s about 20% growth in a matter of months, much of which happened since March 1 – an impressive climb for any investment asset.
Perhaps more importantly, gold’s price growth through the beginning of 2024 shows that the commodity doesn’t have to be a buy and hold style investment that you keep in a safety deposit box or precious metal depository for years to come. There’s also the possibility that the commodity’s price could climb further ahead, making it a compelling way to potentially generate a quick profit.
There are other benefits of investing in gold
There are other benefits of investing in gold that have little to do with the price growth seen thus far in 2024 – or the lull in prices seen over the past couple of days. Those benefits include:
- Inflation protection: Gold has long been considered an inflation hedge, and for good reason. When inflation drives the prices of consumer goods and services up – and the value of the dollar down – gold’s price tends to rise. So, it could be used to maintain the value of your portfolio during inflationary economic conditions. That’s important in today’s economic environment as stubborn inflation continues to weigh on the value of the dollar.
- Portfolio diversification: Gold’s price doesn’t always move in the same pattern that bonds or stocks do. So, mixing a reasonable amount of gold into your portfolio (up to 10% of your portfolio assets) as a diversifier could protect you from losses should one or more of your traditional portfolio assets fall in value. “If you have less than 5% – 10% of your net worth in commodities & FX (forex), you should absolutely consider adding exposure to gold and other precious metals,” says Vijay Marolia, money manager and managing partner at the wealth management firm, Regal Point Capital.
The bottom line
Gold’s price has fallen from recent highs – which may represent an opportunity to tap into growth ahead. However, gold isn’t simply a “buy while it’s low and sell while it’s a high” kind of investment opportunity. The commodity can also protect your portfolio from the stubborn inflation we’ve seen thus far in 2024 while acting as a diversification tool that could increase your risk-adjusted portfolio returns. So, consider adding gold to your portfolio today while it has the potential to grow in value.
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Is now the right time to invest in gold as prices have cooled?