They came bearing gifts - Juels Limited News Article

They came bearing gifts

In keeping with the festive spirit, in the biblical story of the three magi or the three wise men, they are often depicted as three kings. They were distinguished foreigners according to the Gospel of Matthew and Christian tradition. They are said to have visited Jesus after his birth, bearing gifts of gold, frankincense and myrrh.

The Gospel of Matthew is the only one of the four canonical gospels to mention the magi. Matthew 2:1-2 has it that they came ‘from the east’ to worship the ‘king of the Jews’. The gospel never mentions the number of magi. Still, most Western Christian denominations have traditionally assumed them to have been three in number, based on the statement that they brought three gifts. The backstory represents the three originating from Persia, India and Arabia.

It is widely believed that these men were Melchior, Gaspar or Caspar, and Balthazar. Melchior was often referred to as the oldest member of the magi. He was traditionally called the King of Persia and brought the gift of gold to Jesus.

Gaspar, or Caspar, is traditionally portrayed to originate from India with a reddish beard in the middle of the three kings, younger than Melchior and older than Balthazar, who waits in line behind Melchior to give the gift of frankincense to the child Jesus. He is often portrayed in the act of accepting his gift from an assistant, or in the act of removing his crown, signs of preparing to be next at the feet of baby Jesus.

Balthazar was the youngest and therefore was the last to present the gift to the infant child. Balthazar is traditionally referred to as the King of Arabia and gave the gift of myrrh to Jesus.

Our primary interest lies with the first presented gift, that of gold. This commodity fluctuates daily, with world tension rising due to the conflict in the Middle East and the ongoing war in Ukraine. The global economy remains very volatile. Leading analysts and economists loathe uncertainty and instability. Coupled with inflation and unprecedented national debt, the predictions are a downward economic spiral. The future may look bleak, filled with uncertainties for the stock market, but fear not, the dilemma may have a simple solution – once more the go-to tangible asset of choice appears to be gold.

Global experts predict even higher price rises in the near future, so there has never been a better time to opt into this double-edged sword for financial growth.

The gold price is reaching record highs. Gold has proven to have greater proportionate profit margins compared with almost all other stock market commodities. These experts have stated that now is a great time for investment, with average yields of around 14 per cent per annum year on year.

For more advice on gold bullion investment, call in at our London Street store, where James is always eager to assist. We buy all quantities of gold in the form of bullion, coins and scrap gold.

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