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Sheriff’s deputies in East L.A. shoot and kill man

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Los Angeles County sheriff’s deputies were forced to use deadly force late Saturday in East Los Angeles when a man allegedly drove a van towards one of the officers after fleeing the scene of a crime. The incident occurred in the 1500 block of North Herbert Avenue, where deputies were responding to a domestic assault call.

According to the sheriff’s department, deputies witnessed the alleged assailant leaving the area in a green van. When they located the suspect driving west on the 3900 block of Snow Drive, they attempted to stop the van. The deputies exited their vehicle and drew their guns as a precaution. The man then made a U-turn in a cul-de-sac and began driving directly towards one of the deputies.

In response to the imminent threat, the deputies fired at the driver, striking him in the torso around 11:47 p.m. The man, described as being between 40 to 45 years old, was rushed to a nearby hospital where he ultimately succumbed to his injuries. Fortunately, no one else was injured during the altercation.

One deputy sustained a related injury during the incident and was also taken to the hospital for treatment. As of late Sunday morning, the sheriff’s department had not released the identity of the deceased individual or provided further details regarding the shooting.

It is important to note that this information is based on preliminary details provided by law enforcement and may be subject to updates as more information becomes available. The circumstances surrounding this tragic event are still under investigation, and the officers involved will likely be placed on administrative leave pending the outcome of the inquiry.

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Incidents like these serve as a grim reminder of the dangers law enforcement officers face each day in the line of duty. While the use of deadly force is always a last resort, officers must make split-second decisions to protect themselves and the public from harm.

As the community awaits additional information regarding the shooting, it is crucial to let the investigative process run its course and for all involved parties to cooperate fully with authorities. Our thoughts are with the family and loved ones of the deceased during this difficult time.

In your practice and re-focus on this incident, we have learned that Los Angeles County Sheriff’s deputies fatally shot a man late Saturday night in East Los Angeles. The man, who has not yet been identified, was suspected of fleeing the scene of a domestic assault. Upon locating the man in a green van on Snow Drive, deputies attempted to stop the vehicle. The man then reportedly drove towards one of the deputies before being shot in the torso. He was later pronounced dead at the hospital. One deputy sustained a related injury and was also hospitalized. The investigation into the incident is ongoing, and additional information will be shared as it becomes available. Our hearts go out to all those affected by this tragedy.

Intellectuals Insider

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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.