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Connection discovered between infant’s death on L.A. freeway and two other violent crime scenes

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The tragic death of an infant on the 405 Freeway near Culver City has sent shockwaves throughout Southern California, as authorities investigate possible connections to two other violent crime scenes in the area. The Los Angeles Police Department confirmed on Monday that the incident may be linked to a slaying in Topanga and a deadly crash in Redondo Beach.

The grim series of events began early Monday morning when officers responded to a call on Variel Avenue in Woodland Hills and discovered an unresponsive man in his 30s. Despite efforts to revive him, he was pronounced dead at the scene. As detectives began their investigation, they uncovered two other incidents that occurred earlier in the morning, leading them to believe that the cases may be connected.

One of the incidents took place on the northbound 405 Freeway near the Sepulveda Boulevard/Howard Hughes Parkway exit around 4:30 a.m. A heartbreaking discovery was made as an infant girl, only about 5 or 6 months old, was found in the roadway. A 9-year-old girl was also found on the right shoulder, suffering from minor to moderate injuries. Tragically, the infant did not survive, while the older girl was rushed to the hospital for treatment. Witnesses reported seeing a black sedan near the scene, raising suspicions of foul play.

Valley Bureau Homicide detectives are now working closely with the California Highway Patrol to unravel the mysteries surrounding the children found on the freeway, believing that it may be linked to the homicide in Topanga. In a surprising twist, collaboration between the LAPD, CHP, and Redondo Beach Police Department is underway to determine if the violent scenes are connected to a fatal car crash in Redondo Beach involving a black sedan. The female driver involved in the crash was pronounced dead at the scene.

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As the investigation unfolds, CBS News reported that detectives have identified a suspect in the case, allegedly the mother of the children found on the freeway and the wife of the man found dead in Topanga. However, the LAPD has not confirmed this information, leaving many questions unanswered as the community mourns the tragic loss of life.

The unfolding events paint a grim picture of violence and tragedy in Southern California, leaving many residents on edge as they await further updates from authorities. The interconnected nature of these crimes underscores the need for swift and thorough investigation to bring justice to the victims and their families. As the community reels from these heartbreaking incidents, all eyes are on law enforcement to provide answers and ensure the safety of the public in the wake of such senseless violence.

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Is now the right time to invest in gold as prices have cooled?

Now may be the time to buy gold following a recent lull in its price.

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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.

Joshua Rodriguez

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he’s not working, he enjoys time with his wife, two kids, two dogs and two ducks.