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Are gold bars and coins worth it with inflation on the rise?

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Gold bars and coins may be worth adding to your portfolio now that inflation is rising again.

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A report last week showing inflation rising month-over-month disappointed many, but it also underlined the importance of having a diversified portfolio. By having one, investors can better offset the damaging influence of inflation and higher interest rates designed to tame it. And one effective way to diversify is by turning to gold and silver.

Both precious metals offer unique benefits that other asset classes simply do not. These advantages can depend on the type of gold invested in, however, leading some to wonder if gold bars and coins are currently worth it with inflation on the rise. Below, we’ll detail three compelling reasons why they may be worth investing in now.

Start by exploring your gold options online today to learn more about this unique opportunity.

Are gold bars and coins worth it with inflation on the rise?

Gold bars and coins can prove valuable in any economic climate but especially in today’s still-inflationary one. Here are three reasons why you may want to get invested right now: 

They can help hedge against inflation

In today’s inflationary climate, many investors benefit from the protection gold can provide. During inflationary periods, gold often maintains its value or even increases in price (as recent record gold prices demonstrate). This is a major advantage for investors who may otherwise experience uneven performances from stocks, bonds and other investments as this cycle of inflation runs its course. 

By buying gold bars and coins now, then, you can potentially stem those losses and possibly even earn a quick profit if the price of gold continues its upward movement. 

Learn more about the benefits gold can provide against inflation here.

They can diversify your portfolio

Gold bars and coins can also be an effective portfolio diversifier. Thanks to the steady performance of the metal noted above, it may be smart to get into gold now to lessen your chances of portfolio adversity. It won’t be a perfect solution, but any way to diversify your portfolio to provide better strength overall is certainly worth considering now. 

Just be sure to invest in the right amount. While a rising inflation rate can make alternative assets like gold bars and coins particularly tempting now, most advisors still recommend limiting the gold portion of your portfolio to 10% or less.

They’re easy to buy and sell

Gold is ubiquitous right now, with it being sold online, via top gold companies and even big retailers like Costco and Walmart. Costco quickly sold out of the gold bars they had in inventory last fall, but after restocking, quickly saw the asset become worth hundreds of millions of dollars each month

This is good for investors, who can access the precious metal with ease and sell it to others when the market timing is right. And because gold bars and coins are tangible, unlike gold IRAs and other gold investments, they can have an especially attractive edge compared to the alternatives.

The bottom line

With inflation hanging around for a bit longer, it can be advantageous to explore all of your investment options, including alternative ones like gold bars and coins. This unique type of investment can adequately hedge against inflation and diversify your portfolio in a similar fashion to other gold types. And, in April 2024, it’s especially easy to buy, sell and buy more of. For these reasons, gold bars and coins may be worth it for you now that inflation is on the rise again. As with all investment types, however, be sure to do your research and limit the amount invested to truly earn the benefits of this asset. 



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Sen. Tammy Duckworth says Pete Hegseth is “flat-out wrong” about women in combat roles

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Sen. Tammy Duckworth says Pete Hegseth is “flat-out wrong” about women in combat roles – CBS News


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Democratic Sen. Tammy Duckworth of Illinois, a combat veteran of the Iraq War, tells “Face the Nation” that Pete Hegseth, President-elect Donald Trump’s pick to lead the Defense Department, is “flat-out wrong” in his assessment that women shouldn’t be in combat roles.

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Sen. Duckworth says Trump defense secretary pick is “flat-out wrong” about women in combat roles

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Democratic Sen. Tammy Duckworth said Sunday that Pete Hegseth, President-elect Donald Trump’s pick for defense secretary is “flat-out wrong” in his view that women should not serve in the military in combat roles. 

“Our military could not go to war without the women who wear this uniform,” Duckworth said on “Face the Nation with Margaret Brennan.” “And frankly, America’s daughters are just as capable of defending liberty and freedom as her sons.”

Trump tapped Hegseth, a former Fox News host and Army veteran who served in Iraq and Afghanistan as his pick to head the Defense Department earlier this month. The 44-year-old has drawn criticism for his stance on women in combat roles, along with his level of experience. 

Duckworth, who in 2004 deployed to Iraq as a Blackhawk helicopter pilot and sustained severe injuries when her helicopter was hit by an RPG, outlined that women who serve in combat roles have met the same standards as men, passing rigorous testing. She said Hegseth’s position “just shows his lack of understanding of where our military is,” while arguing that he’s “inordinately unqualified for the position.”

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Sen. Tammy Duckworth on “Face the Nation with Margaret Brennan,” Nov. 24, 2024.

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“Our military could not go to war without the 220,000-plus women who serve in uniform,” Duckworth said. She added that having women in the military “does make us more effective, does make us more lethal.”

Hegseth has also drawn scrutiny amid recently unearthed details about an investigation into an alleged sexual assault in 2017. Hegseth denies the allegation and characterized the incident as a consensual encounter. The Monterey County district attorney’s office declined to file charges as none were “supported by proof beyond a reasonable doubt.” His lawyer has acknowledged that Hegseth paid a confidential financial settlement to the woman out of concern that the allegation would jeopardize his employment. 

Duckworth, an Illinois Democrat who serves on the Armed Services and Foreign Relations Committees, said it’s “really troubling” that Trump would nominate someone who “has admitted that he’s paid off a victim who has claimed rape allegations against him.”

“This is not the kind of person you want to lead the Department of Defense,” she added. 

The comments come after Trump announced a slew of picks for top posts in his administration in recent days. Meanwhile, one pick — former Rep. Matt Gaetz for attorney general — has already withdrawn his name from consideration after he faced intense scrutiny amid a House Ethics Committee investigation and a tenuous path to Senate confirmation.

While Duckworth acknowledged that she’s glad her Senate Republicans “held the line” on Gaetz and also elected Sen. John Thune as leader over a candidate favored by many in Trump’s orbit, she said she’s “deeply concerned” her Republican colleagues will green light Trump’s nominees. 

“From what I’m hearing from my Republican colleagues on everything from defense secretary to other posts, it sounds like they are ready to roll over for Mr. Trump,” Duckworth said. 

But Duckworth didn’t rule out supporting some of the nominees herself during the Senate confirmation process, pledged to evaluate each candidate based on their ability to do the job, and their willingness to put the needs of the American people before “a retribution campaign for Mr. Trump.”

Meanwhile, a CBS News poll released on Sunday found that 33% of Americans say Hegseth is a “good choice” for defense secretary, including 64% of Trump voters. But 39% of Americans said they hadn’t heard enough yet about the pick. More broadly, Americans generally say they want Trump to appoint people who’ll speak their minds and who have experience in the field or agency they’ll run.

Sen. Rand Paul, a Kentucky Republican who also appeared on “Face the Nation” on Sunday, said he believes that Hegseth can run the massive Defense Department, despite his lack of experience managing a large organization. Though he did not address Hegseth’s comments about women in combat roles, Paul said he believes the “vast majority of people” support leaders who are picked based on merit, citing Hegseth’s criticism of the Pentagon for what he says has been a move away from merit-based hiring and toward hiring based on “racial characteristics.”



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Israeli strike kills Lebanese soldier as Hezbollah fires at least 185 rockets at Israel

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Hezbollah fired at least 185 rockets and other projectiles into Israel on Sunday, wounding seven people in the militant group’s heaviest barrage in several days, in response to deadly Israeli strikes in Beirut while negotiators pressed on with cease-fire efforts to halt the war.

Meanwhile, an Israeli strike on a Lebanese army center killed one soldier and wounded 18 others on the southwestern coastal road between Tyre and Naqoura, Lebanon’s military said. Israel’s military expressed regret and said the strike occurred in an area of combat against Hezbollah, adding that its operations are directed solely against the militants. The strike was under review.

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Rescue workers search for victims at the site of an Israeli airstrike that hit central Beirut, Lebanon, Saturday, Nov. 23, 2024.

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Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon’s military has largely kept to the sidelines.

Lebanon’s caretaker prime minister, Najib Mikati, condemned it as an assault on U.S.-led cease-fire efforts, calling it a “direct, bloody message rejecting all efforts and ongoing contacts” to end the war.

“(Israel is) again writing in Lebanese blood a brazen rejection of the solution that is being discussed,” a statement from his office read.

The strike occurred in southwestern Lebanon on the coastal road between Tyre and Naqoura, where there has been heavy fighting between Israel and Hezbollah.

Hezbollah began firing rockets, missiles and drones into Israel after Hamas’ Oct. 7, 2023, attack out of the Gaza Strip ignited the war there. Hezbollah has portrayed the attacks as an act of solidarity with the Palestinians and Hamas. Iran supports both armed groups.

Israel has launched retaliatory airstrikes since the rocket fire began, and in September the low-level conflict erupted into all-out war, as Israel launched waves of airstrikes across large parts of Lebanon and killed Hezbollah’s top leader, Hassan Nasrallah, and several of his top commanders.

Hezbollah fired a total of around 160 rockets and other projectiles into Israel on Sunday, some of which were intercepted, the Israeli military said.

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Israeli police bomb squad inspect the site after a missile fired from Lebanon hit the area in Petah Tikva, outskirts of Tel Aviv, Israel, Sunday Nov. 24, 2024.

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Israel’s Magen David Adom rescue service said it was treating two people in the central city of Petah Tikva, a 23-year-old man who was lightly wounded by a blast and a 70-year-old woman suffering from smoke inhalation from a car that caught fire. The first responders said they treated three other people in northern Israel, closer to the border, including a 60-year-old man in serious condition.

It was unclear whether the injuries and damage were caused by the rockets or interceptors.

Israeli airstrikes early Saturday pounded central Beirut, killing at least 20 people and wounding 66, according to Lebanon’s Health Ministry.

Israeli attacks have killed more than 3,500 people in Lebanon, according to Lebanon’s Health Ministry. The fighting has displaced about 1.2 million people, or a quarter of Lebanon’s population.

On the Israeli side, about 90 soldiers and nearly 50 civilians have been killed by bombardments in northern Israel and in battle following Israel’s ground invasion in early October. Around 60,000 Israelis have been displaced from the country’s north.

The Biden administration has spent months trying to broker a cease-fire, and U.S. envoy Amos Hochstein was back in the region last week.


U.S. envoy says there is “real opportunity” to end fighting between Israel, Hezbollah

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The European Union’s top diplomat called for more pressure on both Israel and Hezbollah to reach a deal, saying one was “pending with a final agreement from the Israeli government.”

Josep Borrell spoke Sunday after meeting with Mikati and Lebanese Parliament Speaker Nabih Berri, a Hezbollah ally who has been mediating with the group.

Borrell said the EU is ready to allocate 200 million euros ($208m) to assist the Lebanese military, which would deploy additional forces to the south.

The emerging agreement would pave the way for the withdrawal of Hezbollah militants and Israeli troops from southern Lebanon below the Litani River in accordance with the U.N. Security Council resolution that ended the 2006 war. Lebanese troops would patrol the area, with the presence of U.N. peacekeepers.

Lebanon’s army reflects the religious diversity of the country and is respected as a national institution, but it does not have the military capability to impose its will on Hezbollah or resist Israel’s invasion.



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