Gold ATH - Anyone else feeling good right now? What's next?
- •Gold hitting all-time highs always puts a smile on my face, especially with everything going on in the world.
- •As a military contractor based out of Jax, security is pretty much ingrained in my DNA, both professionally and financially.
- •I've had a significant chunk of my 200k portfolio in a Gold IRA for a while now, slowly building it up over the past 7-8 years.
Gold hitting all-time highs always puts a smile on my face, especially with everything going on in the world. As a military contractor based out of Jax, security is pretty much ingrained in my DNA, both professionally and financially. I've had a significant chunk of my 200k portfolio in a Gold IRA for a while now, slowly building it up over the past 7-8 years. It's awesome to see it pay off, especially compared to some of the volatility I've seen in other parts of the market. I truly believe it's one of the best ways to protect wealth when things get dicey, and let's be honest, things often feel a bit dicey these days.
My biggest question now is, what's everyone else thinking for the short to medium term? Do we see this continuing its upward trajectory, or is a correction inevitable after such a strong run? I'm bullish long-term, no doubt about that, but always trying to gauge the temperature for potential adjustments to my precious metals allocation. I've been eyeing silver more closely as well, thinking about diversifying a bit within the metals.
Speaking of which, I found a really useful tool called "Silver vs Stocks" over at https://silvervsstocks.goldirablueprint.com/?period=10Y. It lets you compare silver's performance against stocks over different periods, which is super helpful when you're looking at things from a long-term perspective. I've been running the 10-year comparison and it's pretty eye-opening. Anyone else use this or something similar to help with their precious metals allocations? Always looking for good resources.
What are your strategies now that gold's gone parabolic? Are you holding, taking some profits, or even adding more? Curious to hear from others who are navigating these waters. Gold has always been my bedrock, and seeing it perform like this just reinforces my conviction, but it also sparks questions about what the future holds.