News
Authorities discover presumed remains of missing teenager in Utah after accused murderer discloses burial location
Authorities in Utah have confirmed that skeletal remains found in a remote part of western Utah are believed to belong to Dylan Rounds, a 19-year-old farmer who went missing in 2022. The man charged in Rounds’ death reportedly led authorities to the burial site in Lucin, a small railroad community located about 200 miles northwest of Salt Lake City.
The human remains were discovered on Tuesday, and the FBI processed the area for evidence before recovering them. The remains are now in the possession of the Utah Office of the Medical Examiner for confirmation of identity.
Rounds was last seen on his farm in Lucin on May 30, 2022, and was reported missing shortly after. In March 2023, James Brenner was charged with aggravated murder and abuse or desecration of a human body for the murder of Rounds and disposal of his body. Brenner reportedly led investigators to the burial site as part of a plea agreement.
Rounds’ mother, Candice Cooley, expressed gratitude for the discovery of her son’s remains, stating, “We thank everyone for their support and love. We are grateful we now have Dylan’s body and can bring him home as we continue our fight for justice.”
According to a probable cause statement, Rounds’ last signal to his phone was pinged to a pond near where Brenner was staying. Rounds’ boots were found near a dirt mound, and his phone was discovered at the bottom of the pond. Rounds had spoken with his grandmother on the phone before disappearing, which marks the last contact his family had with him.
The Box Elder County Sheriff’s Office announced that they would not release any more information to avoid jeopardizing ongoing legal proceedings. They expressed their condolences to Rounds’ family, acknowledging the immeasurable pain of their loss and offering their deepest sympathies.
As news of Dylan Rounds’ presumed remains being found in Utah circulates, it serves as a reminder of the importance of justice and closure for families of missing individuals. The diligent efforts of authorities and the cooperation of suspects in providing information can contribute to bringing closure to such heartbreaking cases.
Stay tuned for further updates as the investigation into Dylan Rounds’ disappearance and death continues.
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?