News
Mother seeks justice for her sons killed by Rebecca Grossman, finds solace in murder verdict as God’s will
Nancy Iskander visited the graves of her two young sons shortly after a jury convicted Rebecca Grossman of murdering them. It marked the end of a painful chapter for Iskander, who had endured three years of agony since Grossman recklessly sped through a crosswalk in Westlake Village, striking her sons as she looked on in horror.
In a heartfelt tribute to her sons, Iskander wrote, “Someone was held accountable for your murder, sons. Sleep tight. Rest in peace.” This moment of closure came after the jury deliberated for just over a day before delivering a verdict that aligned with the prosecution’s argument that Grossman’s actions were reckless and impaired by alcohol and drugs.
For Iskander, the verdict brought a mix of satisfaction and sorrow. She had stood firm in seeking justice for her boys, testifying in court and urging authorities to treat the case with seriousness.
Outside the courtroom, Iskander expressed her gratitude for the justice system, saying, “We have a justice system you can trust from our experience. It’s not a justice system where people get away with things just under the color of their skin or their wealth or anything. You commit a crime, you will be held accountable.”
Iskander recounted the tragic events of the day her sons, Mark and Jacob, were killed, highlighting the prosecution’s argument that Grossman was driving at an excessive speed and under the influence of alcohol. She vividly described the harrowing moment when she saw Grossman’s vehicle plow into her children, leaving her screaming for help.
Grossman, now facing a lengthy prison sentence, was visibly emotional as the guilty verdict was delivered. Despite the closure the verdict brought, Iskander expressed empathy for Grossman’s family and emphasized that her focus remained on honoring the memory of her beloved sons.
Reflecting on Mark and Jacob, Iskander praised their virtues and the support they received from their community. She also acknowledged the ongoing struggle of her youngest son, Zachary, who continues to grapple with the loss of his brothers.
Iskander’s husband, Karim, expressed relief at the prospect of moving forward after years of waiting for justice. He commended the jury for their diligent assessment of the evidence and unwavering commitment to delivering a just verdict.
Iskander’s powerful testimony and unwavering pursuit of justice have left a lasting impact, epitomizing the love and dedication she holds for her children. As she navigates the complexities of grief and healing, Iskander finds solace in the support of her community and the strength of her family.
With the harrowing chapter of the trial behind her, Iskander looks toward the future with hope, honoring the memory of Mark and Jacob while seeking closure and a sense of peace after enduring unimaginable loss.
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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