Fed rate decision and my portfolio - feeling good about stacking more

James Wilson

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Fed rate decision and my portfolio - feeling good about stacking more

james_wilson👑Elite (1m-5m)

about 10 hours ago

Key Takeaways

•Another month, another Fed decision, and frankly, I'm feeling pretty sanguine about my current position.
•I started building this allocation long before the current inflation fears.
•It was a hedge against the inevitable, in my opinion.

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Another month, another Fed decision, and frankly, I'm feeling pretty sanguine about my current position. I know some of you newer folks might be sweating the rhetoric coming out of DC, but after 30 years staring at screens on Wall Street, you learn to filter out the noise. My portfolio is heavily weighted in metals, especially gold coins, and honestly, every time Powell talks tough but acts soft, I just see another opportunity.

My IRA, which sits around the $2.8 million mark right now, has a good chunk of that in physical gold – Eagles, Maples, even some Krugerrands I picked up back in the day when nobody wanted them. I started building this allocation long before the current inflation fears. It was a hedge against the inevitable, in my opinion. Always figured the government couldn't resist printing their way out of every mess. And here we are. This recent "pause" just confirms what I've been saying for years; they're stuck between a rock and a hard place. Can't raise too much without crashing the economy, can't lower without fueling more inflation.

I’m just outside of TriBeCa, so I hear the chatter on the street, see the prices at the grocery store. My kids are feeling it too, even with their good jobs. This isn't transitory, folks. And that's why I'm still averaging in. Thinking about adding another $50k-$75k in AGEs this quarter. Anyone else out there in a similar boat, just steadily accumulating regardless of these monthly announcements? Or am I the only old timer who sees this as a marathon, not a sprint?

What are your thoughts on the Fed's latest move and how it impacts your long-term gold strategy? Are you diversifying more into silver, or sticking primarily to gold? Always curious to hear different perspectives, especially from those who've been in the game for a while.

5 comments

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Best Answer▲ 7 upvotes

helen_turner💰Established (100-250k)

Glad to hear you're feeling good about your position! It's definitely tough to filter out the noise, especially with all the sensational headlines out there. For anyone new to this and looking for a good resource to cut through some of that, I've found Kitco News to be consistently solid for precious metals info and analysis without all the usual market hysteria. Just a thought!

Comments (5)

ashley_baker💼Starter (0-50k)✓ Verified•less than a minute ago

Totally get this. I'm not a Wall Street vet, but I've been in the game long enough (started dabbling in the late 90s) to have seen a few cycles. Remember the dot-com bust? That felt like the end of the world for a bit, but those who held tight or even bought more gold/silver then made out like bandits in the long run. My gut says this is another one of those "buy the dip" moments for precious metals. Already eyeing a few more ounces myself after this morning's news.

patricia_miller📊Growing (50-100k)✓ Verified•less than a minute ago

Interesting perspective! When you say you're "stacking more," are you referring specifically to physical gold/silver, or adding to gold mining stocks/ETFs, or a mix of both? Curious about your strategy there.

ruth_perez📊Growing (50-100k)•less than a minute ago

Totally get the sentiment, and experience definitely teaches you to block out the FUD. But I'm curious if anyone else is a little uneasy about the "always buy the dip" mentality, especially now? It feels like we're in uncharted territory with the current global economic picture, and even seasoned vets might be underestimating how sticky inflation is, or how long rates could actually stay elevated. Just a thought that maybe this isn't *quite* the same old rodeo.

helen_turner💰Established (100-250k)Real Investor•less than a minute ago

ashley_baker💼Starter (0-50k)✓ Verified•less than a minute ago

Totally agree, man. My eyes just glaze over when I see the headlines these days. It's like, cool story, tell it to someone who hasn't seen this rodeo a million times. I just stick to my plan – DCA'd another 5oz last week and feeling solid about it. The long game is the only game.

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