Anyone else eyeing Palladium given this inflation craziness?
- •Okay, so I've been seeing a lot of chatter lately about inflation and how it's driving gold demand through the roof.
- •Makes total sense, right?
- •With everything looking shakier than a catamaran in a squall, people are looking for something solid.
Okay, so I've been seeing a lot of chatter lately about inflation and how it's driving gold demand through the roof. Makes total sense, right? With everything looking shakier than a catamaran in a squall, people are looking for something solid.
My Gold IRA is sitting pretty well, thankfully. Got about $700k in it now, which is a nice cushion after all those years serving and living on the islands. But honestly, as someone who’s watched global markets from a Pacific perspective for decades, I can’t shake the feeling that this isn't just a fleeting thing. The sheer amount of money printing worldwide… it’s gotta ripple out beyond just gold. It makes me wonder if other precious metals might see a similar surge.
Specifically, I’ve been looking at Palladium. It’s got that industrial demand angle, especially with EVs and hydrogen tech coming into play more and more. It feels like it has another leg up beyond just the inflation hedge, if that makes sense. Is anyone here diversifying into Palladium IRAs specifically because of these inflation fears? Or am I just getting too far out in the weeds with this?
Would love to hear some thoughts, especially from anyone else who's been doing this for a while and has some real-world experience. Trying to decide if it's worth rolling some of my existing IRA into Palladium or if I should just stick to my current Gold allocation.