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    Gold ATH - thoughts on diversification, especially w/ Platinum?

    D
    Key Takeaways
    • Okay, so gold just blasted through its all-time high again, and as someone pretty heavily diversified into it with my IRA, I'm feeling...
    • It definitely paid off.
    • But with gold flying this high, I'm starting to seriously consider re-evaluating my precious metals allocation.
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    Okay, so gold just blasted through its all-time high again, and as someone pretty heavily diversified into it with my IRA, I'm feeling... well, a mix of relief and a little bit of "what now?" I've got a decent chunk, probably north of 300k, in physical gold through my Gold IRA, originally set up a few years back as a hedge against all the market craziness we kept seeing. Living in Austin, I'm surrounded by tech folks who are all about growth stocks, and while I've got some of that too from my own ventures, having that significant gold allocation felt like a smart play. It definitely paid off.

    But with gold flying this high, I'm starting to seriously consider re-evaluating my precious metals allocation. I mean, do I ride this wave higher, or is it time to think about trimming some profit and perhaps re-diversifying within the precious metals space? My initial thought was always just "gold, gold, gold," but with these kinds of gains, the idea of getting into other metals, specifically platinum, is really starting to get some traction in my head.

    I know platinum has completely different industrial applications, especially with hydrogen tech and car catalytic converters, and it's been lagging significantly behind gold and even silver for a while now. This makes me wonder if it's currently undervalued compared to its potential, especially if the green energy push really takes off. I've heard arguments for platinum being a "rich man's gold" historically, and now it's trading at such a discount.

    Has anyone here diversified their Gold IRA into a Platinum IRA? Or maybe done a strategic rebalance from gold to platinum after a big gold run like this? What are your thoughts on platinum's prospects in the mid to long term, especially for someone looking to keep that hedge against inflation and market instability? Is it a smart move to potentially shift, say, 10-15% of my gold holdings into platinum while gold is at these levels, or am I getting FOMO for a metal that just isn't going to perform like gold?

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    5 comments

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    Best Answer▲ 9 upvotes
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    michelle_collins🏆Advanced (250-500k)

    Totally feel this! I was in a similar boat a few years back after a previous run-up. Had a good chunk in gold and felt that "what now?" moment. Ended up adding some platinum to my IRA as well, though not as much as in gold. It's been interesting to watch them move – definitely added another layer to the diversification.

    Comments (5)

    4
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 7 hours ago

    Congrats on the ATH! That's gotta feel good. Speaking of that "decent chunk" of yours in physical gold, are you storing it yourself or using a custodian? Just curious about the logistics there.

    9
    michelle_collins🏆Advanced (250-500k)Real Investorabout 7 hours ago

    Totally feel this! I was in a similar boat a few years back after a previous run-up. Had a good chunk in gold and felt that "what now?" moment. Ended up adding some platinum to my IRA as well, though not as much as in gold. It's been interesting to watch them move – definitely added another layer to the diversification.

    6
    ashley_baker💼Starter (0-50k)✓ Verifiedabout 7 hours ago

    Honestly, with gold hitting ATHs, I'm less worried about *more* diversification right now and more about potential future corrections. Platinum's interesting for sure, but sometimes when a primary asset goes parabolic, the smarter move might be rebalancing a tiny bit into something completely uncorrelated, or even just holding some dry powder. Just a thought!

    9
    gary_stewart📊Growing (50-100k)about 7 hours ago

    That's an awesome position to be in! Congrats on the ATH. Given your significant allocation to gold, looking at platinum for diversification makes a lot of sense, especially as it often has a different industrial demand profile. Have you looked into the historical performance of gold vs. platinum during different economic cycles? Sometimes platinum can be a bit more volatile, but that can also mean more upside. A good resource for comparing their long-term trends and industrial uses is the World Platinum Investment Council's reports – they really dive into the supply/demand dynamics.

    7
    sharon_evans💰Established (100-250k)Real Investorabout 7 hours ago

    Totally agree with you, OP! That ATH was wild. I'm in a similar boat, though not quite at your level ($150k in gold through my IRA). It's definitely got me thinking about other options for balancing things out. Platinum is an interesting idea, I've seen some chatter about it too. Nice to know I'm not the only one feeling that "what now?" vibe after such a run.

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