Anyone else stocking up on gold rounds because of inflation?
- •I've been watching the news and reading a lot about inflation lately, and honestly, it's making me a bit nervous.
- •It's usually the bedrock of my investments, and it’s been a really reliable hedge for years.
- •For someone like me who's mostly looking to stack and hold for the long term, that lower entry cost per ounce is pretty appealing.
I've been watching the news and reading a lot about inflation lately, and honestly, it's making me a bit nervous. I'm a doctor here in Boston, and while I have a pretty diversified portfolio (sitting somewhere between $500k-$1M), I've always had a solid chunk in gold. It's usually the bedrock of my investments, and it’s been a really reliable hedge for years. But now, with all the talks of sustained inflation and the dollar losing purchasing power, I’m seriously considering upping my gold allocation even more, specifically with gold rounds.
I usually lean towards coins like Eagles or Maples for their liquidity and recognition, but from what I’m seeing, gold rounds often come with a lower premium. For someone like me who's mostly looking to stack and hold for the long term, that lower entry cost per ounce is pretty appealing. I'm not really planning on selling any time soon, so I'm thinking about maximizing my ounces for the same dollar value. The idea is to really bulk up my physical holdings as a safeguard against what feels like an increasingly uncertain economic future.
Has anyone else here made a similar move recently? Or are you considering it? I'm curious to hear if others are prioritizing lower premiums on rounds over the slight aesthetic and recognition advantages of government-minted coins, especially in this inflationary environment. I mean, at the end of the day, an ounce is an ounce when things really start to get dicey, right?