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    Anyone else getting nervous about inflation and their

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    Key Takeaways
    • I've been running my agribusiness here in Fresno for like 30 years now, and I've seen my share of economic weirdness.
    • I got into gold about five years ago, after watching my dad's pension lose purchasing power through the 80s and 90s.
    • He had a good chunk of change, but it just didn't go as far as he thought it would in retirement.
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    I've been running my agribusiness here in Fresno for like 30 years now, and I've seen my share of economic weirdness. But lately, with all the money printing and supply chain issues, I just can't shake this feeling that inflation is going to really bite us all in the backside. I'm sitting on a Gold IRA that's probably around the $80-90k mark right now, and honestly, it’s the only part of my retirement portfolio I feel truly comfortable with.

    I got into gold about five years ago, after watching my dad's pension lose purchasing power through the 80s and 90s. He had a good chunk of change, but it just didn't go as far as he thought it would in retirement. That stuck with me. For me, real assets just make sense. You can’t print more gold from thin air, you know? My wife thinks I’m old-fashioned, but it’s hard to argue with something that’s held its value for thousands of years. I’m thinking about adding another $10-15k to my metals this quarter if the price dips a bit.

    My big question for you all is: besides physical gold and silver, what other inflation protection strategies are people employing in their retirement accounts? I'm not looking to get into anything too volatile like crypto, but I’m open to hear about other tangible assets or even specific types of bonds that are less exposed to inflation risk. Also, as I get closer to that age where Required Minimum Distributions (RMDs) become a thing, I've been starting to think about how those will play out with my gold. Has anyone here used that RMD Calculator tool from GoldIRAblueprint? I came across it the other day and thought it might be useful for planning, but wanted to hear some real-world experiences.

    Just trying to make sure I’m setting myself up right for when I eventually hand the reins of the business over to my son. Appreciate any insights ya'll got.

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    14 comments

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    Best Answer▲ 19 upvotes
    J
    janet_cook📊Growing (50-100k)
    Absolutely, it's why I finally pulled the trigger on a Gold IRA last October, right before things really started heating up. I only moved about 15% of my retirement, around $60k, from some more traditional equities, but I'm constantly second-guessing if I should have allocated more given the current inflationary environment. For those of you with more experience, how do you decide on the "right" percentage of your portfolio to diversify into metals?

    Comments (14)

    1
    matthew_murphy👑Elite (1m-5m)Real Investorabout 2 months ago

    Totally feel this. My parents are in a similar boat, though not agribusiness, they've been running their small business forever. They've always been pretty traditional with their investments, but the past year or so they've been seriously looking into gold and silver. The inflation numbers are definitely making them sweat a bit, and honestly, it's making me reconsider some things too.

    3
    helen_turner💰Established (100-250k)Real Investorabout 2 months ago

    Totally get what you mean. Economic weirdness is a good way to put it! So, you mentioned being "sitting on a Gold"... did you mean you already have a Gold IRA, or you're considering setting one up with gold you already own?

    3
    andrew_roberts👑Elite (1m-5m)Real Investor✓ Verifiedabout 2 months ago

    Totally get the inflation fears, it's a real worry for a lot of people right now. But honestly, while gold *can* be a hedge, let's not pretend it's some magic bullet. History shows it can be pretty volatile itself, and sometimes underperforms other assets during inflationary periods too. Diversification is key, and sometimes that means a mix of things, not just one shiny metal.

    6
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Totally get where you're coming from. Inflation worries are real, especially when you've worked hard to build up your retirement. One thing I found super helpful for understanding how gold can act as an inflation hedge is looking at its historical performance during inflationary periods. There are some great charts and analyses out there that show its inverse correlation with the dollar's purchasing power.

    You might find this article on Investopedia insightful. It breaks down the reasons pretty clearly. Good luck out there!

    8
    susan_clark💰Established (100-250k)Real Investorabout 2 months ago

    Absolutely, especially since the last CPI report felt like a punch to the gut. I've been really focused on hedging against that, and honestly, moving a chunk of my retirement into a Gold IRA with Augusta Precious Metals has given me some peace of mind. Their free investor guide on physical gold and silver IRAs was incredibly detailed and helpful in understanding the process and the benefits – highly recommend grabbing a copy if you're feeling the same inflationary heat.

    9
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Totally agree with the sentiment here. The August CPI numbers were a bit of a gut punch, still seeing core inflation hotter than I'd like. For those of us who've diversified into physical gold and silver through a Gold IRA, how are you thinking about rebalancing or adding to your positions if these high inflation trends persist into 2024? I'm in Austin, and property taxes here climbed *again*, which just reinforces the need to have some non-correlated assets.

    4
    elizabeth_johnson💰Established (100-250k)Real Investor✓ Verifiedabout 2 months ago

    This thread has me feeling a bit less alone, honestly. I just rolled a chunk of my old 401k – about $180k – into a Gold IRA earlier this year, mainly because the inflation numbers coming out of D.C. were seriously spooking me. For those of you who’ve been in a Gold IRA longer, what have your historical returns looked like, especially through similar high-inflation periods? Trying to gauge realistic expectations here beyond just hedging.

    15
    william_davis💎Premium (500k-1m)Real Investorabout 2 months ago

    Absolutely feeling that inflation pinch, especially with how much property taxes jumped in Dallas this year. It definitely makes me double-check my portfolio's resilience. I actually found a really useful piece from SchiffGold last month – "Gold's Role in a High-Inflation Environment" – that laid out some compelling historical data on gold's performance when the dollar weakens. It helped solidify my conviction in my precious metals allocation.

    19
    janet_cook📊Growing (50-100k)about 2 months ago

    Absolutely, it's why I finally pulled the trigger on a Gold IRA last October, right before things really started heating up. I only moved about 15% of my retirement, around $60k, from some more traditional equities, but I'm constantly second-guessing if I should have allocated more given the current inflationary environment. For those of you with more experience, how do you decide on the "right" percentage of your portfolio to diversify into metals?

    13
    james_wilson👑Elite (1m-5m)Real Investor✓ Verifiedabout 2 months ago

    I've seen a few cycles of this rodeo, and yes, that stomach churn is familiar. Back in '08, when the market really took a dive, watching paper assets plummet made me genuinely sweat. That's when I truly committed to diversifying beyond just stocks and bonds, and began putting a solid portion into physical gold through a Gold IRA. It's been a bedrock for me, especially now as I see friends losing significant purchasing power with their fixed-income portfolios.

    13
    karen_robinson💼Starter (0-50k)about 2 months ago

    Seriously, I'm so glad someone brought this up. I just started my Gold IRA last year with a modest $15,000 after dipping my toes in the water, and honestly, the peace of mind knowing a portion of my retirement isn't directly tied to the crazy swings of the market right now is huge. Living here in Columbus, the cost of everything from groceries to gas has felt like it's been on a rocket ship, so seeing tangible assets like gold holding strong is a real comfort. Appreciate all the insights shared here!

    10
    thomas_walker🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    I was just having this conversation with my wife last weekend, looking out over the water in La Jolla. We've got a decent chunk, about $300k, tucked away, but seeing prices here in San Diego just keep climbing makes you wonder if that'll even be enough in 10-15 years. That's actually why I started looking into a Gold IRA a few years back – felt like everything else was just getting eaten away, and I wanted *something* tangible that inflation couldn't just vaporize. It’s been a slow but steady climb, and honestly, the peace of mind knowing a portion of our retirement isn't just numbers on a screen has been priceless.

    10
    christopher_young🌟Ultra (5m+)Real Investor✓ Verifiedabout 2 months ago

    @Daniel Wright - Couldn't agree more, Daniel. That August CPI data definitely had me readjusting a few things. I'm sitting here in Scottsdale, looking at my portfolio, and I'm incredibly grateful that a significant chunk, over seven figures, is firmly in physical gold and silver. It’s comforting to know that portion of my wealth isn't as exposed to these market jitters.

    3
    nancy_hall💰Established (100-250k)Real Investorabout 2 months ago

    Definitely feeling that inflation pinch, especially here in Tampa. I've been in a Gold IRA for a little over two years now, and honestly, it's been a relief. I recently came across this great piece from Birch Gold Group, "Why Gold is a Smart Investment in Today's Economy" – it really broke down exactly how gold can hedge against inflation and economic volatility. Definitely worth a read if you're exploring options beyond traditional assets; it confirmed a lot of what I've seen with my own ~$180k portfolio holding steady while everything else feels like it's on a rollercoaster.

    The Fed can't print gold — that's the point

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