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#a gold bar in fort knox
bi-demon-ium · 1 year
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AND REMEMBER… INSIDE OF YOU, INSIDE OF ALL OF US… IS THE PROFOUND POWER TO BE HAPPY. LET US SEIZE THAT POWER... TOGETHER.
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mbsgifs · 1 year
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TOP MINOR CHARACTERS as voted by our followers - #3: CAPTAIN PHIL NOLAND.
↳ "Aside from a slight case of low blood sugar, my faltering marriage, and the liens on my house and my vehicle, I am top drawer."
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a progression of expressions
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reynie-muldoons · 1 year
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It's bingo time baybeeee!
This board was a fun amalgamation of the episode synopsis, book plot, and what I think might happen. I'm not watching the episode until later tonight, or maybe tomorrow, but I guess we'll see :)
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And, as promised, here's the link to the randomized boards. Feel free to pick one and make a game out of it!
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personinthepalace · 1 year
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The Mysterious Benedict Society Season 2 Episode 3 [Updated Link] (Full Episode with Captions)
I’ll keep this link up for anyone who can’t watch the episode! But if you can watch on Disney Channel or Disney+, then please do so :)
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Andi Mack (2017-2019), 3x06 - "Cookie Monster" The Mysterious Benedict Society (2021-), 2x03 - "A Gold Bar in Fort Knox"
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sloshed-cinema · 1 month
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Goldfinger (1964)
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It’s been said before, but bears repeating: Ken Adam knew what the fuck he was doing on the Bond sets. And indeed any other production in which he was involved. While Goldfinger boasts no volcano lair or exotic aquatic abode, it’s perhaps one of the more refined expressions of this era of Bond iconography. Auric Goldfinger, for all of his machinations and economic designs, is something of a proto-Elon Musk in execution. He’s a bit of a blustering, blithering dipshit. He cannot win at golf or cards, but finds ways to cheat using his lackeys. And he’s clearly paid off a bunch of very Joisey American mobsters to get a thing or two done and hasn’t been able to deliver. But he has a sort of malignant narcissism and penchant for gold which make him… wait, does he also anticipate Trump!? Anyway, his rumpus room is a coup de grâce from Adam, preposterously inconvenient in how it moves furniture elements and reveals ridiculously detailed models which are of use exactly once. Just hearing mobsters gripe about how this feels like a merry-go-round is worth the price of admission. Later, Fort Knox is a strange neo-art-deco gold palace, an ornate prison for gold bullion arrayed behind bars. Metal elevators and marble accents define the space, because why not?
THE RULES
SIP
Bond kills someone.
Bond is a pretentious pedant about some random topic.
A car crashes.
We switch to a new geographic location.
BIG DRINK
The main theme music begins to play.
There is a VERY LARGE table in a room.
A new Bond girl is introduced.
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redgumshoe · 5 months
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Home for the holidays
Chapter 2:
Later that frosty night, a mysterious figure crept closer to a sleeping toddler with wicked delight shimmering in their shadowy eyes.
Anya and Ruslan were sleeping soundly as the masked individual cautiously used a suction cup handle to hold the plane of the window in place as they cut a circle out of the glass with a burning hot laser.
They skillfully removed the cut of circular glass and tossed it to the ground in reckless abandon.
It is not like this shadowy kidnapper would stick around very long after he captured the child from peaceful slumber.
A few moments later, after the glass shattered loudly five floors below the newly cut window,
The thief roughly removes the bandie from her traveling crib. Bandie cries out as she’s jolted from her pleasant dreams.
“Shh. Time to meet your uncle.” the shadowy figure hushed the crying child as they disappeared from the side of the hotel building.
There was no clue, Riddle, or taunting note left behind for Ruslan and Anya to discover in the empty crib.
The vanishing cry woke up Anya first. The blonde detective sat upright in a jolted motion.
“Ruslan.!” She muttered in annoyance under her breath.
She swiftly climbed out of bed to check on Bandie. Unfortunately, for Anya, the crib lay bare.
“YA sobirayus' ubit' Lavernu. Ona pokhitila svoyego rebenka, i, chestno govorya, mne bylo vse ravno” anya snarled in russian. She stared at the hole in the hotel room’s window.
This speech woke up Ruslan as Anya only spoke Russian when she was fuming in anger.
“You know that I don't speak Russian,” Ruslan grumbled as he joined Anya in her investigation.
He stood behind her, peering over her shoulder.
“Did Laverna steal the baby?” Ruslan asked with a shrug of his shoulders. He was still sleepy, and his brain hadn't fully awoken.
If it were, he wouldn't be so relaxed about his daughter being missing.
“I said, I will kill Laverna as she kidnapped her baby and I honestly don’t care.” Anya explained back to Ruslan in English as she gritted her teeth in annoyance.
It finally dawned on Ruslan: he was quick to agree with anyone whom he felt like had seniority on the matter.
He just nodded in compliance as the two didn’t even bother to do a proper investigation on the disappearance of two year old Bandie Child.
Back at the Bonnie and Clyde hideout.
Laverna is sound asleep curled up in devlin’s arms.
When they awoke to a loud knocking on the door.
A wide smile appeared across devlin’s freckled face as he shot out of bed.
Devlin slipped on his housecoat to check on the rumbuckous knocking at the front door.
“Baby, stay warm, I will be right back.” Devlin said before kissing Laverna's forehead. He dashed out of the bedroom and down the concrete stairs towards the front door.
Laverna rolled her eyes at the notion of staying all cozy warm in the soft fuzzy bed.
She slipped out of the covers and much to her surprise , she was in her red and white pinstripe button down pajamas and not the suit she was wearing before the cider took her worries away.
“He must have changed my clothes while I was out cold.” Laverna thought as she snuck into the other bedroom to check on the status of sixteen year old A.J Miles.
Laverna closed the door only for Devlin to yell out.
“Babe, we have company, get down here
“Sheesh. Don’t wake the neighbors. “. Laverna complained loudly as she stormed downstairs only to meet the grayish blue eyes of a strange woman. This blonde spiral permed vixen of a woman stood by a man which bore a faint resemblance to Devlin. If only, Devlin had a Walt Disney style mustache and was in his early thirties. “Laverna, meet my brother Rob and My sister in law Dara.” Devlin cheekily introduced Laverna to this couple that’s clothes shimmered like the bars of gold in Fort Knox.
“Oh she dares alright, dares to be all plastic and silicone.” Laverna whipped causing Dara to snarl
“And you are just a flat chested thief,”. Dara harshly snapped back. Devlin looked at his older brother and rolled his eyes.
Laverna anxiously reached up to cover herself.
“I’m not flat.” Laverna muttered under her breath trying to regain composure. Where was her manners at this time of night? What sort of crazy family just barges into your hideout at two in the morning?. Her body shivered from the adrenaline spiking from the altercation.
Devlin wrapped his arm over her shoulder in a protective, comforting moment
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cidnangarlond · 1 year
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thinking about in my intro to criminal justice class we were all asked if we could commit any crime and get away with it absolutely 0 repercussions for it what would we do and we all went around the room and said what we'd do and I said I'd rob fort knox and it was all blank expressions like oh so no one here knows about the gold bars it has. no one knows how crazy insane security there is. but none of you know about the gold bars they have there and all the shit surrounding it??
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qwanderer · 1 year
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writing Parker and I know my muses are a little fuzzy at best but I don’t think I realized before how much my Parker muse has a big dose of QC Hannelore in her.
Bleaches things
Does not like the sweaty parts of sexiness but still interacts with it indirectly
I mean there are a lot of canon parallels that probably pushed me in that direction
Intimidating confidence on first appearance but then you get to know her and she’s actually a twitchy weird nerd
Like really really messed up childhood
First impulse is often violence
Childlike and literal-minded
Dislikes jazz music
Would like to count all the gold bars in Fort Knox
After compiling this list I am no longer surprised. There was more stuff but it’s subtle and I am up past my bedtime. Something something hugs psychiatric meds and fears of unusual animals.
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bi-demon-ium · 1 year
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NICHOLAS BENEDICT in A GOLD BAR IN FORT KNOX
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mbspolls · 1 year
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okay but in seriousness, what was number two's actual plan with teh mold? how would starting a mold infestation help them escape? was her plan just to sneak away when people are distracted with dealing with the mold?
i feel like the actual result of that would just be they're still stuck there but now there's mold lmao
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reynie-muldoons · 1 year
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"A Gold Bar in Fort Knox" Liveblog!
Good morninggg. It's early here, but not very bright 😂 there's been a lot of fog the past few days.
Today's a fun day because season 4 of The Dragon Prince came out today too!! I can't wait to consume all of it and spam reblog things from the tag LMAO.
Anywaaay, I have some hot tea and brekkie, so it's new episode time. Spoilers under the cut :)
1:08 oh shit here we go, water polo raid
1:20 I bet they're above, like clinging to the wall or something
1:38 LMAO THEYRE DANGLING????
1:40 theme music my beloved
2:37 are they in like the boiler room?? That's kinda sick
2:50 OHHH are they plants?? Did Curtain's goons put them on the boat???
2:56 ayy same brain Reynie
3:12 Constance says "have faith in yourself". You go bbg 😂
3:36 they're just going to stay in the boiler room?? Do they realize how dangerous that could be, or how easy it would be for them to be spotted if a crew member came down for maintenance???
3:47 Constance has seen things
3:54 AYYYY blorbo
4:00 number two baby I love you but why are you going through the trash
4:08 both. both are correct. It's a scientific breakthrough that relies on manipulation
4:26 he's like "why, just why" 😂😂
4:34 LMAO why doesnt he want to tunnel? Do I detect some claustrophobia, hmm? 🧐
4:39 mold? Okay RE Village
4:49 HOW LONG WOULD IT TAKE TO GROW MOLD IN EVERY BUILDING LMFAOOO
4:59 "I didn't sign anything 🤨" LMAO TRUE ENOUGH BABE
5:01 okay but "troubling, but clever" describes SO MUCH of this show hahahaha
5:11 bestie..... I hate to break it to you........ but he is simply not interested in things that arent control
5:35 "to show how much of a genius he was" early signs of narcissism maybe? Cause that's the vibes I'm picking up
5:46 I think I see where this is going. Mr B desperately wants to get through to Curtain, Curtain ends up getting him in a vulnerable place, ends converting him to the fake happiness shtick. Please let me be wrong
5:55 "well that was on his turf." "SO IS THIS." she has a point there dude 😂
6:03 CO👏🏻RRECT👏🏻
6:08 "and I would love to find a phone" number two wants to scroll on that dash 😂
6:10 "Rhonda and Milligan must be sick with worry" I know that's what she meant but it made me laugh all the same
6:21 ohhhh nooooo. NOOOO. "At least Rhonda and Milligan are at home, away from danger." NOOOOOO
6:26 HARD cut to the blimp in a storm 😂
6:39 Milligan my love your original arrival was set to be 25 hours ahead of the kids, I think you'll be okay with a slight delay
6:49 Miss Perumal, as always, you are lovely and composed despite being full of worry
7:03 RHONDA MY BELOVED 😂😂😂 You truly know someone's character from the way they treat service workers!!!
7:08 I love her so much ahshdjjd
7:11 every shot of this ship is just fucking gorgeous
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7:17 okay if the sugar was so all-important WHY LEAVE IT OUTSIDE DUDE LMAO
7:43 the speed check comes back to bite them!!
7:49 he looks genuinely scared to deliver this news 😬
8:03 low blood sugar, a faltering marriage, and liens on his big shit. Poor guy. btw I looked up "lien", it's basically legal rights to keep something, like a mortgage
8:17 awwwww. they're adorable. protect them at all costs
8:56 oh dang, they stumbled upon the crew's party space!
9:05 "Constance wants a taste" LMAO KID
9:18 "the inflation rate in Portugal is alarming" lmao kid the inflation rate *here* is alarming too
9:18 what money are they even going to gamble though?? Surely they're starting with pocket change
9:39 oh my gosh the chips 😂
10:23 the crew with those sly looks. These kids are about to wreck house LMAO
10:29 DEATH OR GLORY
11:11 not gonna lie I know almost nothing about gambling so this is a little over my head
11:34 sunglasses? Wow, he saw the cards from the reflection on his eyes, that's impressive
11:57 I had two reactions to reading "Enzo's pies & pastries":
1. Stranger Things date night with Hopper and Joyce 🥺
2. MOOCHO?????
12:09 okay it's kinda sick that number two blends in with the lemons so well
12:20 another interview? And was that SQ on stage???
12:27 it was not SQ 🙃
12:33 "we've been expecting you" well that's concerning
12:47 their wardrobe choices are just. Strange
13:07 I think I just gagged
13:24 two things:
1. Every time we cut to Milligan I think about how good he looks in general. Well kept in that cute suit. He just looks nice.
2. WORRIED DAD IS WORRIED
13:36 awwww Rhondaaaa
13:48 "I am not scared" you fooled me 😂
13:57 "is a gold bar scared in Fort Knox?" ROLL CREDITS! Kind of!
14:09 and the dam breaks 🥺 the pain and mutual understanding from both of them makes this a perfect opportunity to open up
14:20 "but I'm learning that worrying is not a form of preparation" I need that tattooed on the backs of my eyelids, maybe then I wouldnt worry so much
14:31 awwwww 🥺🥺
14:49 damn 😂 the captain is becoming his own character at this rate
15:14 ....are they about to maintenance the ship?
15:27 LMAO STICKY
15:49 Sticky out here playing 5D chess
16:08 he's totally right, keeping track of the cards isnt cheating. It's just smart 😂
16:25 LMAO KATE WTFFF
16:52 you know, as much as they're talking about winning money, all they have is the chips. They need to cash out
17:08 Reynie, my love, I know you're trying to make a moral choice but in the long run that's pretty stupid. Also Sticky didnt cheat lol
17:25 they're innocent victims and so are Mr B and Number Two. The kids dont know this, but so are most of the acolytes
17:43 okay fair
17:56 yeahhhh idk how they thought the crew would take this
18:25 LMAO KATE
18:34 what the fuck was that Reynie 😂😂
18:48 yeaaaaahh that's kinda what I expected
19:15 wooow. Okay, not what I expected
19:29 why do I feel like the other boot is going to drop
19:40 wait huh? Did the guy just give them cash?
19:50 LMAO at least they have actual money instead of just chips
19:57 "you're an insult to real water polo players everywhere" KATE HAHAHA I bet she's been waiting to say that
20:23 "everything has an end, only a sausage has two" is that an actual German saying, can anyone confirm
20:33 ayooo this is the actual perfect time for Cannonball to find them
20:42 poor guy 😂😂
21:02 and there it is
21:27 STOP MR B'S FACE IS SO FUCKING FUNNY
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21:52 HIS FACE LMAOOO. Apparently they clap at everything
22:20 "you have no idea who my parents are, do you?" He doesnt and neither does anyone else, so I'm all ears
22:40 I cant tell what's true and what's bullshit with her 😂😂
23:13 "the raw, terrifying beauty of nature's power" NOT HELPFUL CAP
23:19 oh shit. They're not making it to Lisbon, are they?
23:33 whooooa. So not only are they making an emergency landing, they're tossing everyone's stuff. RIP
23:53 the kids have officially met Captain Noland!! I've been waiting for this
23:59 "like rats." I dont like how he said that 😬
24:40 damn, are they about to bargain their maintenance services to dodge maritime court?
25:06 hey, play your cards. Cant hurt to try
25:22 "get us to Lisbon on time, and you go free" daaaaamn. Captain Noland is putting a lot of faith in them, considering this job means so much to him
25:35 the fruit 😂😂
25:50 what happened to "I moved on" hmmm? Hmmmmmm? 🧐 bitch
25:57 whoooa I did NOT like the shifting of his eyes over to Mr B. Super subtle but incredibly effective
26:16 fucking weirdo. Bye
26:36 LMAO IS SHE BUSTING HERSELF OUT IN THE PIE TRUCK
26:52 NICE
26:57 oh good grief they had to do this at night too. Get ready for a jump scare
27:21 daaaamn. Weird, eery.. I guess we'll find out what's going on later?
27:34 eughhh.
27:35 ugh he's doing the thing again with the rods and cones bs
27:47 okay I dont like that mr b is listening like that. Please dont get got
27:49 NO DONT LOOK AT HIM DONT DO IT EUGHGGJ
28:01 NOOO. NOOOOOOOO
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28:12 oh shit they got there on time!! Cap looks good in the cap
28:16 OOOH THEY GOT THERE EARLY??? DANG!
28:24 one of those suitcases has the kids in it :) like for sure
28:47 ayyyy, there they are. That was smart!
28:50 awww the hand :) she's not going to accept but the gesture is there
29:00 god that was so sweet
29:04 AWWWW
29:16 AYYYY MARITIME JOB OFFERRRR
29:26 THE SALUTE
29:31 I'm sad to see him go, I want to know more about him!!
29:42 oh THATS why she stole fruit 😂
30:04 them 😂😂😂 give me that sibling dynamic
30:36 fair enough Kate LMAO
30:49 "Mr Benedict is not strong. he's a glass house held together by desperate optimism." Two things:
1. Standing tall and keeping yourself from crumbling when you're constantly in a state of self-sabotage seems like a form of strength to me. It takes so much to keep yourself going when it feels impossible to
2. Damn, she knows him really fucking well 😂
30:55 "that guy? Again?" I mean all of the passengers did have the same docking point, so yeah 😂
30:58 "must be hard to see" she knows he's jealous 🥺
31:08 omg did Sticky talk Reynie up??
31:11 OMG HE DIDDDDD
31:13 HIS BEST FRIEEEEND
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31:26 AWWWWWWW
31:28 oh lord here we go again
31:37 this guy again! I dont remember his name
31:44 well yeah, that usually happens when someone's missing
31:48 ohhh I Dont Like that he's using their title, that shows respect for them, which means he's taking their threat seriously. Yikes.
32:04 yep. Yep. It's weird, and he's weird, and unfortunately, he's taking it seriously.
32:12 "I respect them deeply. Deeply enough to... treat them without mercy." BELGUHDOWHDHD EUGHH
32:19 ayyyy this is where the Portuguese on his name card comes into play!
32:21 dang he was really just in plain sight
32:26 I dont like that we cant see the driver
32:44 NO WHY IS HE SMILING DONT PROVE ME RIGHT
32:48 NOOO ITS OVER??? NOOOOOO
Okay I'm fucking shook??? You mean to tell me we have to wait a whole ass WEEK to find out what the hell's happening? Something something the driver works for Curtain, something something Number Two breaks out just to break back in, something something the adults have to improvise
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Ahsjdjdjd 🥴 welp, time to scream and theorize. See y'all in discord, love you byeeee
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personinthepalace · 1 year
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The Mysterious Benedict Society S2E3
there are some issues with my recording sadly, spoilers for what’s missing under the break
For some reason, I was thinking that the episode starts at 4:30pm PST so I was lucky to catch the beginning haha. Sadly wasn’t able to pull out my recording equipment in time. I only missed the first minute before the intro theme played. So that was just the water polo team kicking the door open and the kids hanging off the side of the side of the ship
Next my audio died at the end (last 30 secs). So what is missing is the kids shouting at the taxi driver while they’re trying to escape
Apologies for the issues! However the episode is airing again at 7pm PST/10pm EST so I’ll try to record that :)
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rizanmarketing01 · 25 days
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Exploring the Benefits of Investing in Gold: An Investor's Guide
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Throughout history, from ancient civilizations to the present day, gold has consistently held its position as the preferred global currency.
There are several avenues to purchase gold. These range from investing in physical bullion (such as gold bars) to mutual funds, futures, mining companies, and jewellery. However, it's important to note that only bullion, futures, and select funds offer a direct exposure to gold, while others derive their value from different sources.
Today, investors primarily buy gold as a safeguard against political instability and inflation due to its historically low correlation with other asset classes. Additionally, many investment experts advocate for portfolio diversification with commodities like gold to mitigate overall portfolio risk.
Key Takeaways:
The most straightforward method to acquire gold is by purchasing physical gold bars or coins, though these can be less liquid and require secure storage.
Exchange-traded funds (ETFs) and mutual funds tracking gold prices are popular alternatives.
Gold ETFs and mutual funds allow for smaller investments compared to bullion and may offer less direct price exposure.
For those with access to derivatives markets, gold futures and options present another avenue for investment.
Indirect ownership of gold can be achieved through investing in gold mining stocks, though their share prices may not closely track gold's value over the long term.
Gold Bullion
When discussing direct ownership of gold, one of the most recognized forms is gold bullion. Commonly associated with the hefty bars safeguarded in places like Fort Knox, such bullion actually encompasses any pure or near-pure gold certified for its weight and purity. This broad definition includes gold coins, bars, and various other forms, regardless of size. Often, gold bars are marked with serial numbers to bolster security measures.
While the sight of hefty gold bars is impressive, their sheer size, sometimes reaching up to 400 troy ounces, poses liquidity challenges, rendering them costly to buy and sell. Imagine owning a single gold bar worth $100,000; selling even a fraction of it proves cumbersome. Conversely, smaller-sized bars and coins offer greater liquidity and are favoured by many gold owners.
Problems with Bullion
Despite its allure, gold bullion poses several challenges. Storage and insurance costs, coupled with dealer markups, can erode profit margins. Additionally, investing in gold bullion directly ties one's investment to gold's value, meaning any fluctuation in gold prices directly affects the value of the holdings.
Gold Coins
Gold coins have long been issued by sovereign governments worldwide, offering investors a tangible form of investment in precious metals. Typically procured through private dealers, these coins often carry a premium ranging from 1% to 5% above their intrinsic gold value, although this premium can vary.
The benefits of investing in bullion coins are numerous:
Their prices are readily available in global financial publications, aiding transparency in the market.
Bullion coins are frequently minted in smaller denominations, such as one ounce or less, providing investors with a more manageable and liquid investment option compared to larger gold bars.
Reputable gold dealers are easily accessible, particularly in major urban centers, facilitating secure transactions.
Prominent examples of widely traded gold coins include the South African Krugerrand, the U.S. Eagle, and the Canadian Maple Leaf.
It's essential to note that while some gold coins hold additional value due to their rarity or historical significance, known as numismatic or "collector's" value, investors primarily interested in gold as a financial asset should focus on widely circulated coins. Reserved for collectors, rare coins carry additional premiums beyond their gold content and may not align with the investment objectives of gold-focused investors.
Gold ETFs and Mutual Funds
Gold-Based Exchange-Traded Funds (ETFs)
For those seeking an alternative to directly purchasing gold bullion, one avenue is through gold-based exchange-traded funds (ETFs). Each share of these specialized securities represents a fixed amount of gold, typically one-tenth of an ounce.
ETFs can be bought and sold similar to stocks, through any brokerage account or individual retirement account (IRA). This method offers greater ease and cost-effectiveness compared to owning physical bars or coins. It's particularly advantageous for small investors, as the minimum investment is only the price of a single share of the ETF.
The annual average expense ratios of these funds are often around 0.61%, significantly lower than fees and expenses associated with many other investments, including most mutual funds.
Mutual Funds
Many mutual funds include gold bullion and gold companies within their portfolios. However, it's important for investors to note that only a few mutual funds concentrate solely on gold investing; most also have exposure to various other commodities.
The primary advantages of gold-only mutual funds include:
Low cost and minimum investment requirements
Diversification across different companies
Ease of ownership within a brokerage account or IRA
Elimination of the need for individual company research
Some funds invest in mining company indexes, while others are directly linked to gold prices. Some are actively managed, while others follow passive index-tracking strategies. Investors should refer to their prospectuses for detailed information.
Traditional mutual funds typically employ active management strategies, while ETFs generally adhere to passive index-tracking approaches, resulting in lower expense ratios.
For the average gold investor, mutual funds and ETFs are typically the simplest and safest ways to invest in gold.
Gold Futures and Options
Gold Futures
Gold futures are agreements to buy or sell gold at a predetermined date in the future. Investors often favour futures due to their low commissions and margin requirements, which are significantly lower than those of traditional equity investments.
These contracts standardize the amount of gold being traded, typically representing a substantial quantity, such as 100 troy ounces multiplied by the current market price per ounce, resulting in a significant total value, for instance, $100,000. Consequently, futures trading is better suited for experienced investors who can manage larger-scale transactions.
Gold futures contracts may settle in either dollars or physical gold, necessitating careful attention to contract specifications to avoid unexpected obligations, such as taking delivery of a considerable amount of gold upon settlement.
Options on Future
Options on futures offer an alternative approach to directly purchasing futures contracts. With options, investors gain the right to buy a futures contract within a specified timeframe at a predetermined price.
One notable advantage of options is their ability to amplify the original investment while capping potential losses at the premium paid. In contrast, purchasing a futures contract on margin may demand more capital than initially invested, particularly if losses escalate swiftly.
However, opting for options entails paying a premium above the underlying gold value. Given the volatile nature of futures and options trading, these investment instruments may not be suitable for all investors.
Gold Mining Companies
Investing in gold mining and refining companies can yield profits alongside a rising gold price. Such investments often carry lower risks compared to other methods. These companies, with their expansive global operations, are influenced by common business factors, contributing to their potential success.
Their global reach enables them to navigate through periods of stagnant or declining gold prices. Many employ hedging strategies against downward price trends, mitigating potential losses. However, not all companies opt for this approach.
Investing in gold mining companies presents a relatively safer alternative to direct ownership of bullion. Nonetheless, it demands thorough research and due diligence from investors, which can be time-intensive and may not be viable for all.
Gold Jewellery
About 49% of global gold production is used to make jewellery. With the world’s population and wealth growing annually, demand for gold used in jewellery production should increase over time.
On the other hand, gold jewellery buyers are known to be somewhat price-sensitive, buying less if the price rises swiftly.
Buying fine jewellery at retail prices involves a substantial markup—up to 300% or more over the underlying value of the gold. Better jewellery bargains may be found at estate sales and auctions. The advantage of buying jewellery this way is that there is no retail markup. The disadvantage is the time spent searching for valuable pieces.
Nonetheless, jewellery ownership provides an enjoyable way to own gold, even if it is not the most profitable from an investment standpoint. As an art form, gold jewellery is beautiful. As an investment, it is mediocre—unless you are the jeweller.
Gold As a Hedge
Due to its historically low correlation with other investment assets, gold has long been regarded as a safeguard during economic downturns. Notably, gold's correlation with stock market performance has consistently remained minimal, often moving inversely to the dollar. Consequently, periods of dollar depreciation often coincide with strength in gold prices.
Investors may increasingly turn to gold as a hedge against declines in other asset classes, especially in anticipation of a recession. Historical data indicates that gold prices typically rise when inflation-adjusted bond yields fall, suggesting prudence in allocating a portion of one's portfolio to gold to mitigate risks during economic challenges.
What Is the Best Way to Invest in Gold?
The optimal choice varies based on your resources and investment objectives. For substantial investors seeking direct involvement, purchasing gold bullion is an option, albeit with associated premiums and storage expenses. Alternatively, exchange-traded funds (ETFs) and mutual funds offer cost-effective exposure to gold with minimal investment thresholds. Investing in gold mining companies is another avenue, although their performance may not consistently align with the long-term trajectory of gold prices. Lastly, owning gold in the form of jewellery can provide personal satisfaction, yet it's less inclined to yield significant investment returns.
How Do Beginners Buy Gold?
The choice hinges on your resources and investment objectives. For sizable investors seeking direct engagement, gold bullion may be the route, albeit entailing premiums and storage expenses. Alternatively, ETFs and mutual funds mirroring gold prices provide cost-effective exposure with minimal investment requirements. Investing in gold mining firms is an option, although their stock performance may not consistently align with gold's long-term trends. Lastly, owning gold through jewellery can offer personal satisfaction, yet it's less inclined to yield substantial investment returns.
Is Gold a Good Investment During a Recession?
Investing in gold during a recession can offer advantages, but its effectiveness across economic cycles hinges on its alignment with your broader investment plan. Numerous investors integrate gold into their portfolios as a safeguard against economic downturns, as gold prices typically rise when bond yields decrease.
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