Finally seeing that long-term gold play pay off, feeling good.
- •Been a pretty wild ride these past few years, especially with everything going on globally.
- •Most of it was in various gold coins, but I also diversified into a good number of 10oz and kilo silver bars early on.
- •Honestly, watching the markets lately has been validating, to say the least.
Been a pretty wild ride these past few years, especially with everything going on globally. Remember sinking a significant chunk of my portfolio into physical gold back in '21 – we're talking a solid 7-figure amount, mainly through my self-directed IRA. Most of it was in various gold coins, but I also diversified into a good number of 10oz and kilo silver bars early on. The thought at the time was to protect against inflation and general market volatility, something I've been preaching to my peers for decades frankly.
Honestly, watching the markets lately has been validating, to say the least. It’s not just the paper gains; it’s the sense of security knowing a large portion of my wealth isn't solely tied to fiat or the whims of tech stocks. I'm sitting here in Scottsdale, looking at my latest valuation report, and it's a hell of a feeling. My net worth has surged impressively, and a huge chunk of that appreciation is directly from the precious metals. It's a fantastic position to be in, especially after grinding for so long building my businesses.
Anyone else feeling this surge in confidence from their gold and silver holdings recently? I know there's always the debate about allocation, but for those of us who committed to the long game, how are you feeling about your strategy now? Thinking about whether to rebalance and take some profits or just let it ride even further. It's truly incredible to see those initial investment theses play out so powerfully.