News
Organizers of R.B.G. Award cancel ceremony amidst controversy surrounding honorees
The Dwight D. Opperman Foundation, which organizes an honor named for the late Justice Ruth Bader Ginsburg, has made the decision to cancel the award ceremony scheduled for April. The foundation faced intense backlash from the family and friends of Justice Ginsburg over the choice of honorees for this year’s awards. Justice Ginsburg, a lifelong champion of women’s rights and liberal causes, helped establish the award in 2019, with the original intention of recognizing “women who exemplify human qualities of empathy and humility.” However, this year, four out of the five intended recipients are men, including controversial figures such as Elon Musk, Rupert Murdoch, and Michael R. Milken.
The children of Justice Ginsburg, Jane C. Ginsburg and James S. Ginsburg, expressed their strong opposition to the decision to include men as recipients of the award named after their mother. They demanded that Justice Ginsburg’s name be removed from the prize, formerly known as the Justice Ruth Bader Ginsburg Woman of Leadership Award. James S. Ginsburg characterized the decision to honor individuals like Musk and Murdoch with his mother’s name as a “desecration” of her memory, vowing to fight against it.
In response to the criticism, Julie Opperman, the chairwoman of the Dwight D. Opperman Foundation, released a statement explaining that the inclusion of male recipients was meant to reflect Justice Ginsburg’s teachings on equality and recognize leaders who have made significant contributions to society. However, in light of the controversy and uproar from Justice Ginsburg’s family, the foundation made the decision to cancel the award ceremony. It remains unclear whether the selected honorees will still receive the award in the future, as the foundation reconsiders its mission and how to proceed moving forward.
Justice Ruth Bader Ginsburg was a trailblazing figure on the Supreme Court, known for her progressive voice and unwavering commitment to combating discrimination and promoting gender equality. Over her nearly three decades on the bench, Justice Ginsburg made significant contributions to landmark cases involving abortion, affirmative action, and women’s rights. Her former law clerks and colleagues emphasize the importance of honoring her legacy through awards that reflect her values and dedication to social justice.
In conclusion, the cancellation of the Justice Ruth Bader Ginsburg Leadership Award ceremony serves as a reminder of the importance of upholding the values and principles that Justice Ginsburg embodied throughout her career. While the controversy over this year’s honorees may have led to the cancellation of the ceremony, it also highlights the need to carefully consider and respect the legacy of influential figures like Justice Ginsburg in all aspects of public recognition and commemoration.
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.
-
News2 weeks ago
Juno discovers massive lava lake on Io
-
News2 weeks ago
Kevin McCarthy, former House Speaker, seeks revenge
-
News2 weeks ago
Possible Future Colleague of Trump: David Lammy, a Close Associate of Obama
-
Entertainment2 weeks ago
Bethenny Frankel reveals that her mother Bernadette Birk passed away from lung cancer
-
News2 weeks ago
Voyager 1 Communications Restored by NASA
-
News2 weeks ago
Is now the right time to invest in gold as prices have cooled?
-
Entertainment2 weeks ago
Kim Kardashian completes strange task before having her coffee