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3 reasons to invest in gold bars and coins this holiday season
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Thanksgiving is over and the gift-giving part of the holiday season is now in full swing. With so many options to choose from and multiple family members and friends to buy gifts for, it can be difficult to find the right gift for the right person. While some people may be easy to shop for, others may not be. There are some people, however, who could benefit from an investment in gold, particularly gold bars and coins.
In fact, there are multiple reasons why you may want to invest in gold bars and coins this season, either for yourself or a loved one. Start by exploring your gold investing options here to learn more about this unique opportunity.
3 reasons to invest in gold bars and coins this holiday season
Here are three reasons why you should strongly consider turning to gold this holiday season.
It can help protect against inflation
A gold investment has many benefits, not least of which is the hedge it can provide against inflation. And even though inflation is significantly down from a 40-year high reached in June 2022 it’s still problematic, as can be seen by the multiple interest rate hikes the Federal Reserve has issued in the last year and a half.
Gold, in its myriad forms, can help protect against inflation due to its relatively steady value and price. In fact, during times of inflation, the price of gold can even rise a bit. Considering the adverse effects some of your other assets may feel during similar economic periods, it can make sense to invest in gold this holiday season to help protect your portfolio now and long into the future.
Learn more about how gold can protect against inflation here.
It’s liquid
Other investment classes may offer more income-producing benefits but it’s unlikely they’re as liquid as gold, particularly if you invest in gold bars and coins. You’ve likely already seen the television commercials promoting the benefits of buying physical gold but did you know that you can easily do so online now? There are great gold companies that can help you get started or you can even buy gold bars and coins online from retailers like Costco and Walmart.
And because of the tangible, liquid nature of the investment you’ll be able to easily buy, store and sell your gold much easier than you would with other investment classes.
It can diversify your portfolio
As you age your financial needs will change as will your investment choices. Gold can help with the latter by diversifying your portfolio to better protect against the inevitable economic headwinds to come. By adding gold to your portfolio you’ll be less influenced by one particular asset, thus giving your overall portfolio some breathing room and a better chance to grow, even when other assets look shaky.
That said, gold isn’t like other assets and should be approached smartly. Most experts recommend limiting your gold investment, then, to 10% or less of your portfolio. The exact figure, however, will depend on your personal circumstances, goals and other financial considerations.
Learn more about how a gold investment could help you today.
The bottom line
There’s typically not a bad time to invest in gold, but there are times when the precious metal may prove to be a better investment than others. Now is one of those times. And with the holidays quickly approaching you may want to invest in gold bars and coins for that special someone. By doing so you’ll be providing them with a hedge against inflation and with an investment that they can simply sell, store or buy more as they see fit. Plus, you’ll be adding a diversification to their investment portfolio, giving them a way to mix up their investments for this holiday season and long into the future.
CBS News
Kamala Harris will speak with “60 Minutes” tomorrow. Here’s what to know for the interview.
Voters will get the chance to hear from Vice President Kamala Harris on Monday as she presents her case for why she should be president in a “60 Minutes” election special.
For decades, “60 Minutes” has featured both Republican and Democratic nominees for presidents, but this year, former President Donald Trump backed out after previously indicating he would be on the show. Correspondent Scott Pelley, who’d been set to interview Trump, will instead travel to Arizona’s Maricopa County, home to more than 60% of Arizona’s voters and a critical battleground in a key swing state.
One thing is certain about the election; with the U.S. deeply involved in both the wars in Ukraine and the Middle East, whoever wins on Nov. 5 will become a wartime president.
What Harris will discuss
Israel’s war started one year ago after Hamas launched a surprise terror attack and correspondent Bill Whitaker will discuss the ongoing war with Harris.
Harris will also discuss the economy, immigration, her record as vice president and the differences between herself and Trump.
Democratic vice presidential candidate Gov. Tim Walz will also appear.
Whitaker joined the Democratic ticket on the campaign trail this week to gain insight into their platform’s priorities and values, and what the candidates believe voters should know.
Why Trump pulled out of the “60 Minutes” interview
Leading up to the candidate hour, Trump, through campaign spokespeople, was the first candidate to accept the “60 Minutes” request to be interviewed for the special, according to CBS News. It had been agreed that both candidates would receive equal time during the broadcast.
Trump last sat down with 60 Minutes in 2020. He walked out during the interview with Lesley Stahl. Trump referenced the incident on Tuesday night at a Milwaukee press conference when asked about his decision not to participate in the Oct. 7 “60 Minutes” election special.
“Well, right now, I went to – they came to me and would like me to do an interview, but first I want to get an apology, because the last time I did an interview with them, if you remember, they challenged me on the computer,” Trump said. “They said the ‘laptop from hell’ was from Russia, and I said it wasn’t from Russia. It was from Hunter, and I never got an apology, so I’m sort of waiting. I’d love to do ’60 Minutes.’ I do everything.”
The Republican nominee for president emphasized that he felt he was owed an apology from “60 Minutes.”
“Let’s see if they do it. I wouldn’t mind doing 60,” Trump continued. “I’ve done ’60 Minutes’ a lot.”
In a statement on Tuesday, Trump campaign communications director Steven Cheung said that Trump’s team had not agreed to an interview.
“Fake News,” Cheung said in a post on X. “60 Minutes begged for an interview, even after they were caught lying about Hunter Biden’s laptop back in 2020. There were initial discussions, but nothing was ever scheduled or locked in. They also insisted on doing live fact checking, which is unprecedented.”
Previous Trump, Harris appearances on 60 Minutes
Trump previously sat down with “60 Minutes'” Mike Wallace in 1985, Pelley in 2015 and Lesley Stahl twice in 2016, first in July of that year and then again in November of 2016. He also spoke with Stahl again in 2018 and 2020.
Harris previously sat down with Whitaker last year. She also was interviewed by Norah O’Donnell, “CBS Evening News” anchor and “60 Minutes” contributing correspondent, in 2020.
How to watch the “60 Minutes” election special
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