Gold sticking near $4,500
- •This kind of stability, even at a high price point, actually makes me feel pretty good about that part of my portfolio.
- •I remember back in '08 and '09, gold was a lifeboat for a lot of folks, and that experience always sticks with me.
- •It’s not about making a quick buck for me, but about preserving capital in uncertain times.
Hey everyone, just read this article about gold sticking near $4,500 over on Dillon Gage: https://dillongage.com/blog/gold-st...near-4500/
It's interesting to see it holding that level, especially with all the noise out there. I've been holding some physical gold for a while now, mostly as a hedge against inflation and general market jitters – you know, trying to keep things stable for retirement and my grandkids' future. This kind of stability, even at a high price point, actually makes me feel pretty good about that part of my portfolio. I remember back in '08 and '09, gold was a lifeboat for a lot of folks, and that experience always sticks with me. It’s not about making a quick buck for me, but about preserving capital in uncertain times.
What are your thoughts on this? Are any of you looking to add more, or are you taking some profits off the table at these levels? Curious to hear how others are playing this, especially those who have been in the precious metals game for a while. Let me know what you think!