Gold is universally considered to be a highly valuable mineral, and its price is one of the yardsticks in assessing a country’s economy. Unlike many other commodities, however, the price of gold is often seen to rise or remain steady when an economy is in a downturn. After all, gold is considered an investment “safe haven”, which serves as an insurance policy when other investment options are deemed risky.
Internationally, gold jewelry has always been in high demand, particularly in places like India and China. This factors greatly to the stability of gold investments worldwide, including the USA. The year 2013 was another good year for gold investments, as reported in Forbes.com.
Over the past few years, new models of cell phones and other devices have been developed in rapid succession. Advances in technology have given rise to products that bring convenience to users, especially devices that can perform multiple functions at the same time. Most cellphones, for example, can tell time using digital means.
Despite this, a significant number of people still prefer using traditional wristwatches as their primary time-telling mechanism. A noted jewelry store in Long Beach, like McCarty’s Jewelry, is likely to carry prestigious luxury watches that are especially targeted to more discriminating customers. The timeless appeal of these wristwatches is discussed by Megan Willett in her article for Business Insider.