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3 reasons to buy gold bars and coins this April

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This April could mark a great time to invest in gold bars and coins.

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Gold has long been considered a smart investment for a multitude of reasons. Thanks to its safe-haven nature, intrinsic value and ability to weather economic volatility better than many other assets, gold has historically been a smart addition to a diversified portfolio

Like all investment types, however, the timing behind an investment in gold is critical to get right. If you get in too early, you could lose out on the potential advantages the precious metal offers. But if you wait too long, the protections it could have provided may have been missed.

Many have turned to gold in recent years to help battle inflation. But with inflation still elevated, if significantly cooled, there’s still a compelling case to be made for investing in the yellow metal right now. Below, we’ll detail three reasons why you may want to get started with physical gold, like bars and coins, this April.

Start by exploring your gold investing options online here to learn more.

3 reasons to buy gold bars and coins this April

Here are three big reasons why you may want to invest in gold bars and coins this month.

The price is rising

Gold is not typically known as an income-producing asset, but right now, it can be. The price of gold has surged since March 1, rising from $2,082.55 that day to $2,360.25 per ounce today. So if you invested just last month you could have made close to $300. 

And that’s if you sold it now. Many experts are predicting that prices will continue to rise in the weeks and months to come. But even if you don’t sell, the price of gold tends to remain steady and is unlikely to see major drops in value, making it a reliable investment in most economic conditions, but especially now.

Get started with gold bars and coins today.

Inflation is still problematic

Interest in the precious metal has risen significantly thanks, in part, to the ability of the metal to hedge against inflation. When inflation is high, gold tends to keep its value, unlike many other investments. And, unfortunately, the recent report from the Bureau of Labor Statistics showed inflation rising again in March, its second consecutive rise this year. 

So with inflation more stubborn than many had expected at the start of 2024, it makes sense to add some cautionary protection now. Gold — whether in a gold IRA, bars, coins or some other form — can provide that help today. 

It’s easy to invest in

Unlike some other assets, which may require professional assistance or expert knowledge, it’s relatively easy to invest in gold, especially now. With big retailers like Costco and Walmart currently selling gold in their stores — and multiple top gold investing companies to work with online — no matter how much (or little), you want to invest in gold, it’s easy to do so today. Just make sure to know the gold investing red flags and the price of the precious metal the day you buy in to ensure you buy a legitimate product at a reasonable market price.

The bottom line

Gold has been a smart investment for much of the last two years but it can be particularly worthwhile for many investors this month. Thanks to its rising price, investors can potentially see big returns more quickly than usual. And with inflation sticky, the value of having the precious metal in your portfolio remains strong. Plus, it’s ubiquitous right now — being sold at big retailers, online and with local dealers. For these three reasons, many Americans should consider buying gold bars and coins this April. Just be sure to do so with the understanding that gold should generally be limited to 10% or less of your overall portfolio.



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1 dead as bomb cyclone hits Pacific Northwest

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1 dead as bomb cyclone hits Pacific Northwest – CBS News


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One person has already been killed and hundreds of thousands of customers are without power after a powerful bomb cyclone slammed the Pacific Northwest with hurricane-force winds and heavy rain. CBS News Bay Area reporter Veronica Macias has more on the conditions there and CBS News Philadelphia meteorologist Grant Gilmore has a look at the forecast.

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Paul Simon’s search for hearing loss cure leads him to groundbreaking Stanford Medicine program and some hope

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When legendary singer-songwriter Paul Simon began to lose his hearing nearly four years ago while working on his solo album, “Seven Psalms,” he feared he wouldn’t be able to perform again.

“It was incredibly frustrating. I was very angry at first that this had happened,” Simon told CBS News senior culture correspondent Anthony Mason in an interview for “CBS Mornings.”

He admits one of his biggest fears was giving up what he loves: making music.

“I guess what I’m most apprehensive about would be if I can’t hear well enough to really enjoy the act of making music,” Simon said.

Since then, he’s had dramatic hearing loss, sharing that he now has about 6% hearing in his left ear. But he’s learned to make adjustments. He’s switched to larger speakers, placing them all around him when he’s playing so he can hear better. He’s also had to change how and what he plays.

“I’m going through my repertoire and reducing a lot of the choices that I make to acoustic versions. It’s all much quieter. It’s not ‘You Can Call Me Al.’ That’s gone. I can’t do that one,” Simon said, chuckling.

Simon is still writing music and he returned to the stage in September for a rare, stripped-down performance at The Soho Sessions in New York.

“You know Matisse, when he was suffering at the end of his life, when he was in bed, he envisioned all these cut-outs and had a great creative period,” Simon said. “So I don’t think creativity stops with disability. So far, I haven’t experienced that. And I hope not to.”

Paul Simon’s search for answers

At first, doctors told Simon there was nothing they could do about his hearing loss. Then, he learned about the Stanford Medicine Initiative to Cure Hearing Loss, which includes a team of nearly 100 scientists searching for ways to prevent, repair and replace damaged inner ear tissue.

That’s promising news for Simon and millions like him. Hearing loss is on the rise, affecting nearly 1.5 billion people across the globe, according to Stanford Medicine. 

Mason recently joined Simon during a visit to the program’s facility in Palo Alto, California, sitting in on Simon’s exam with Dr. Konstantina Stankovic. 

“Hearing bones are the smallest bones in the body,” Dr. Stankovic said. “And then they are connected to the inner ear, which is called the cochlea. And it looks like a snail.”

The cochlea is so small and fragile it’s impossible to biopsy without causing deafness. It’s hidden in the hardest bone in the body, located deep in the skull, Dr. Stankovic explained.

What can animals teach us about hearing loss?

Certain animals can recover from hearing loss because their hair cells regenerate. It’s the hairs in the ear, called cilia, that transmit sound to the brain.

“We actually have the same genetic machinery, it’s just turned off in people,” Dr. Stankovic told Mason. “And the key question is how do you turn it on? And how do you turn it on safely, because cancer is regeneration gone awry.”

In a lab at the Stanford Medicine Initiative to Cure Hearing Loss, geneticist Teresa Nicolson is studying zebrafish, which have similar inner ear structures to humans. 

Nicolson said they’ve made a recent, exciting discovery. They were able to rescue hearing in zebrafish with hearing loss mutations using an FDA-approved drug. The hope is it could one day be used in humans.

Down the hall, biophysicist Tony Ricci is conducting an experiment focused on mice.

“So the hair bundle is the site where most damage happens. So with aging, with noise…we are trying to understand how the bundle – like it’s a machine, right? So how this machine works normally,” Ricci said.

“So then when we know what piece’s parts are getting broken, we can figure out how do we fix it or how do we replace it,” he added.

Surgeon and scientist Dr. Alan Cheng is using gene therapy to coax the damaged hair cells in mice to regenerate. He’s also studying human cochlea samples from organ donors.

“We’re the only place in the world that can do it, in fact,” Dr. Cheng said.

The team was surprised to find that damaged human hair cells do begin to regenerate on their own, but only partially. Now they need to find out whether the drug cocktail they’ve used in mice could work in humans.

For Dr. Cheng, this research is personal.

“My mom, who has hearing loss, she’s been asking how can we regenerate cells for her,” he said.

“That’s what I’ve been asking ever since I met you guys,” Simon added with a smile.

Dr. Cheng said simply: “We’re working on it.”



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Japan says it will “closely watch” China’s military activity after Beijing admits spy plane violated airspace

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Japanese officials said Wednesday they are closely watching to see if China keeps its promise to prevent further violations of Japan’s airspace after explaining that an incursion by a Chinese military aircraft nearly three months ago was unintentional and caused by turbulence.

Tokyo protested and sought an explanation from Beijing after a Chinese Y-9 reconnaissance plane briefly entered Japanese airspace off the southern main island of Kyushu on Aug. 26, prompting Japan’s military to scramble fighter jets and warn the plane.

Chief Cabinet Secretary Yoshimasa Hayashi said China acknowledged the airspace violation and assured Japan that it would make efforts to prevent a recurrence.

“We take note of China’s explanation, and we will closely watch Chinese military activity from now on,” Hayashi said.

Japan China Airspace
This photo provided by Japan’s Ministry of Defense shows a Chinese Y-9 reconnaissance plane Monday, Aug. 26, 2024.

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China said the airspace violation occurred when the plane’s pilot took emergency measures in response to turbulence in the area and was not intentional, Japan’s Foreign Ministry said. Japanese officials did not disclose further details, such as when China provided the explanation, citing the protocol of diplomatic exchanges.

Even though aircraft can encounter turbulence, such a significant deviation from a flight route is unthinkable, Japanese officials said.

NHK public television reported that Japanese defense officials said they still find the airspace violation unacceptable because it was a serious breach of territorial sovereignty.

In Bejing, Chinese Foreign Ministry spokesperson Lin Jian did not confirm what Japanese officials said they were told. He said only the diplomatic and defense ministries of the two countries have been communicating on the issue and that “China has no intention of intruding into the airspace of any country.”

Japanese officials are concerned about China’s growing military activity around Japan’s southwestern waters and airspace. It has led Tokyo to significantly reinforce its defenses in the area, which includes remote islands that are considered key to Japan’s defense strategy.

Japan is also worried about joint military activities between China and Russia.

A Chinese survey ship violated Japanese territorial waters off a southern island in August. In September, the Chinese aircraft carrier Liaoning and two destroyers sailed between Japan’s westernmost island of Yonaguni – just east of Taiwan – and nearby Iriomote, entering Japan’s “contiguous zone,” an area just outside of a country’s territorial waters in which it can still exercise some control over maritime traffic.

Also in September, Japan said its warplanes used flares to warn a Russian reconnaissance aircraft to leave northern Japanese airspace.

Russian and Chinese military activity has also ramped up near Alaska. In September, the U.S. military moved about 130 soldiers along with mobile rocket launchers to a desolate island in the Aleutian chain of western Alaska amid a recent increase in Russian military planes and vessels approaching American territory.

Eight Russian military planes and four navy vessels, including two submarines, came close to Alaska in September as Russia and China conducted joint military drills.

In July, two Russian Tu-95s and two Chinese H-6s entered the Alaska Air Defense Identification Zone, NORAD said. The bombers were intercepted by U.S. F-16 and F-35 fighter jets, along with Canadian CF-18s and other support aircraft, a U.S. defense official confirmed to CBS News.  



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