How to Buy Gold: 4 Ways to Invest in 2024

What do Scrooge McDuck and King Midas have in common? Hint: It’s not a well-diversified portfolio. They’re both heavily invested in gold.

Gold is doing well so far in 2024, amid high inflation and rising interest rates. Investors tend to rush into buying gold (and other metals) when they’re concerned about other assets or the broader economy, and the recession fears of 2022-2023 have elevated those worries. You may have read that Costco recently began selling — and selling out of — gold bars.

But while owning gold sounds cool, and can be a hedge during a stock market downturn, figuring out how to buy gold comes with some unique challenges.

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Is gold a good investment?

Gold has a reputation for being a recession-friendly investment — when the stock market has a big pullback, the price of gold often goes

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Forget Nvidia: These 3 Artificial Intelligence (AI) Stocks Have Up to 102% Upside, According to Select Wall Street Analysts

About the past 30 yrs, a seemingly limitless stream of upcoming-massive-matter expenditure opportunities have captivated the notice of skilled and day to day traders. Improvements, these kinds of as the arrival of the world wide web, have altered the respective advancement arc of the U.S. economic system.

Suitable now, no expenditure pattern has people additional excited than the artificial intelligence (AI) revolution.

AI includes the use of software program and systems to deal with responsibilities that would commonly be overseen by humans. The not-so-mystery component that is fueled the potential for AI is equipment discovering (ML), which enables computer software and techniques to “understand” and come to be much more proficient at their duties more than time.

Image source: Getty Illustrations or photos.

AI is extensively believed to have application in most sectors and industries. It’s encompassing use compelled the researchers at PwC to predict a whopping $15.7 trillion bump in global gross domestic products (GDP) from AI by 2030.

The plain likely of artificial intelligence is not shed on Wall Road or its analysts. Price targets for most AI stocks have soared above the earlier 12 months and change. This has been specifically accurate for top AI stock Nvidia (NVDA .12%).

A trio of AI shares may perhaps provide greater upside than Nvidia

Just shy of one thirty day period in the past, Rosenblatt analyst Hans Mosesmann initiated a Avenue-large price goal of $1,400 for every share on Nvidia. Must Mosesmann’s prognostication verify precise, Wall Street’s darling AI inventory would gain 59% and add about $1.3 trillion to its currently lofty market cap.

There has undoubtedly been an abundance of explanations for investors to drop in like with Nvidia. Its A100 and H100 graphics processing units (GPUs) have come to be staples in significant-compute info facilities. As

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