News
Biden and Netanyahu Disagree on Gaza Situation, Sparking Speculation Among Catherine’s Palace Photo Enthusiasts
In recent news, President Joe Biden and Israeli Prime Minister Benjamin Netanyahu are reportedly at odds over the ongoing conflict in Gaza. The two leaders have a history of tension when it comes to addressing the Israeli-Palestinian conflict, and this latest disagreement further underscores the complexity of the situation.
Biden has been facing pressure both domestically and internationally to take a stronger stance on the conflict in Gaza, which has resulted in significant casualties and destruction on both sides. The President has called for a ceasefire and has emphasized the need for a diplomatic resolution to the conflict, while also expressing support for Israel’s right to defend itself.
Netanyahu, on the other hand, has taken a more aggressive approach, vowing to continue the military offensive in Gaza until Hamas is significantly weakened. The Israeli Prime Minister has rejected calls for a ceasefire and has defended his country’s military actions as necessary for the security of Israel.
The differing positions of Biden and Netanyahu have led to strained relations between the two leaders, with Biden reportedly expressing frustration with Netanyahu’s handling of the conflict. The United States has long been a strong ally of Israel, but Biden’s approach to the conflict has signaled a shift in policy that has caused tension between the two countries.
In addition to the political tensions between Biden and Netanyahu, rumors have been swirling around a recent photograph of Catherine’s Palace that has sparked controversy among fans of the historic site. The photo in question shows the palace with a filter that some have criticized for altering the appearance of the building.
While some fans have defended the use of the filter as a creative interpretation of the palace, others have expressed concern that the photo misrepresents the historic site. The controversy highlights the challenges of navigating the intersection of art and historical accuracy, and the importance of presenting information accurately and ethically.
On a lighter note, last night’s Oscars ceremony featured a number of standout moments, from emotional speeches to stunning performances. Highlights from the event included Chloe Zhao making history as the first woman of color to win Best Director, Daniel Kaluuya’s heartfelt acceptance speech, and a show-stopping performance by Andra Day.
Overall, the current tensions between Biden and Netanyahu over Gaza, the controversy surrounding the Catherine’s Palace photo, and the memorable moments from the Oscars all serve as reminders of the diverse and complex nature of current events. As these stories continue to unfold, it will be important to stay informed and engaged to understand the implications of these events on a global scale.
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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