Diversifying out of gold a bit - silver's been good to me, but is it enough?
- •Okay, so I'm mostly a gold guy, probably like a lot of you here.
- •Felt like the safest bet given the market volatility and just...
- •everything else going on in the world.
Okay, so I'm mostly a gold guy, probably like a lot of you here. Cashed out of my tech startup a few years back – had a good run, thank god – and immediately shifted a decent chunk of that (think ~7 figures) into physical gold. Felt like the safest bet given the market volatility and just... everything else going on in the world. I'm based here in Dublin, Ohio, and it's been surprisingly easy to find reputable dealers locally for storage and acquisition, which helps. My core holdings are definitely in Gold Eagles and some South African Krugerrands.
However, over the last year or so, I've been dipping my toes into silver. Not a massive amount, maybe 5-10% of my overall precious metals stack, but enough to feel like I'm genuinely diversifying. I started with some American Silver Eagles, mostly because they're a no-brainer liquidity-wise. Then I saw some good deals on Canadian Maple Leafs and even a few of those gorgeous Perth Mint Kookaburras. The price point makes it easier to acquire larger physical quantities, and frankly, it's just fun to hold more metal. It scratches a different itch than gold, you know?
My strategy so far has been to buy dips, similar to how I approach gold, but I'm probably less aggressive with silver. I'm mainly looking at it as a hedge against inflation and a play for যখন industrial demand eventually kicks in harder. Given my portfolio size, silver feels more like "play money" compared to the serious wealth preservation role that gold plays for me.
So, for those of you who are experienced silver stackers alongside your gold, what's your take? Is 5-10% enough, or should I be looking to increase that proportion? Are there specific types of silver (bullion, junk silver, etc.) that you find perform better or offer unique advantages? I'm curious what others' strategies are, especially those with similar portfolio sizes. Always good to hear multiple perspectives.