Geopolitics and gold - anyone else feeling the squeeze?
- •I've been feeling a bit on edge lately, watching all the news come out of the Middle East and Eastern Europe.
- •He built up a good chunk of our retirement savings in it, and I'm trying my best to honor that legacy and protect what he worked so hard for.
- •My portfolio is sitting around the $75,000 mark in physical gold coins, mostly Eagles and Maple Leafs, and it's been my rock for the past few years.
I've been feeling a bit on edge lately, watching all the news come out of the Middle East and Eastern Europe. It seems like every other day there's a new headline that sends shivers down my spine, and my first thought is always, "What does this mean for my gold?" My late husband, God rest his soul, always told me that gold was the ultimate safe haven, especially during times of global uncertainty. He built up a good chunk of our retirement savings in it, and I'm trying my best to honor that legacy and protect what he worked so hard for.
My portfolio is sitting around the $75,000 mark in physical gold coins, mostly Eagles and Maple Leafs, and it's been my rock for the past few years. It's just hard not to stress when you see things escalating internationally. I remember when the conflict in Ukraine first started, gold definitely saw a jump. But then it seems to… normalize? Or at least, not keep climbing as dramatically as one might expect given the seriousness of the situation. Are we seeing a different kind of geopolitical impact now compared to previous crises?
I'm based here in Raleigh, and sometimes it feels like the big world events are so far away, yet they have such a direct impact on something as tangible as my gold coins stored safely here. I always thought major geopolitical events would send gold soaring and keep it there, but I'm trying to understand the nuances of it all. What are other investors seeing? Are you making any moves or just holding steady through these turbulent times? I'm curious if anyone has some insights or strategies they're employing. Things feel so unpredictable right now.