Gold ATH - what's next for my portfolio with silver still lagging?
- •Okay, so gold punched through its ATH again this week, and honestly, a small part of me is doing a little jig.
- •I retired out here in Honolulu after a few tours, and seeing the instability bubbling up in the Pacific and around the globe...
- •well, it just reaffirms why I got into precious metals in the first place.
Okay, so gold punched through its ATH again this week, and honestly, a small part of me is doing a little jig. Been holding a decent chunk of physical and my Gold IRA for a while now – probably around 20% of my total portfolio, which is flirting with the upper end of that $500k-$1M range these days, thanks partly to gold's run. I retired out here in Honolulu after a few tours, and seeing the instability bubbling up in the Pacific and around the globe... well, it just reaffirms why I got into precious metals in the first place. The dollar feels shaky, and having something tangible always calms my nerves.
But here's the thing that's bugging me: silver is still stuck in the mud. I've got a decent amount of silver eagles and some bars, maybe 5 grand or so worth, and it just hasn't seen the same kind of lift. Historically, when gold takes off like this, silver isn't usually far behind, right? It feels like it's been lagging for ages now. I keep hearing about industrial demand and the green energy push, but the price just doesn't reflect it.
So, for those of you who've been through a few cycles, what's your take? Is this just typical for silver, a slower ascent, or is something fundamentally different this time? I've been considering maybe shedding a bit of gold profit to beef up my silver holdings, hoping it's due for a catch-up. Or am I being greedy and should just be happy with gold doing its thing?
And on that note, what are others doing with their Gold IRA now that it's sitting pretty? Are you holding the line, or are you rebalancing into other assets? Always appreciate the insights from this community, particularly from those of you who've seen some serious market action.