Anyone else rethinking their gold strategy with these inflation numbers?
- •Been seeing a lot of chatter lately about inflation and it's got me looking hard at my portfolio.
- •My logistics business here in Memphis is seeing an insane spike in fuel costs, and it's eating into margins even with rate increases.
- •I initially went with mostly American Gold Eagles and some PAMP Suisse bars for the gold portion of my IRA – felt like a solid, reputable bet.
Been seeing a lot of chatter lately about inflation and it's got me looking hard at my portfolio. I've had a decent chunk in physical gold for a few years now, primarily for that inflation hedge, but with everything going on, I'm wondering if I should be adjusting my strategy. My logistics business here in Memphis is seeing an insane spike in fuel costs, and it's eating into margins even with rate increases. It’s making me feel like my current 10-15% allocation in gold, which is probably around $75k-$100k of my total portfolio, might not be enough if things keep spiraling.
I initially went with mostly American Gold Eagles and some PAMP Suisse bars for the gold portion of my IRA – felt like a solid, reputable bet. Now I'm thinking about whether I should be converting more of my paper assets into gold, or if there are other angles I should consider. I’m deep in the weeds with my succession planning for the company, and the last thing I need is my retirement fund getting hammered by runaway inflation right when I’m trying to set myself up to step back.
For those of you who are holding significant gold for inflation protection, what's your current mindset? Are you buying more? Diversifying into other precious metals like silver, which seems relatively undervalued compared to gold right now? Or are you just holding steady and trusting your original allocation? I’m particularly interested if anyone else is heavily invested in physical gold and what kind of percentages you're comfortable with for long-term inflation safeguarding. Are there specific types of gold products you prefer for maximum inflation protection?