Gold blowing past ATH - anyone else feeling good about their stack right now?
- •Gold hitting all-time highs again this week has me feeling pretty damn good about the choices I've made over the last few years.
- •As a construction guy, I just *get* things you can hold and see.
- •I started really diving into precious metals back in late 2020, early 2021, when all the money printing started getting ridiculous.
Gold hitting all-time highs again this week has me feeling pretty damn good about the choices I've made over the last few years. Seriously, watching it just keep climbing while the stock market feels like it's perpetually on a rollercoaster, it really validates the whole tangible assets approach. As a construction guy, I just get things you can hold and see. Paper promises? Eh, less so.
I started really diving into precious metals back in late 2020, early 2021, when all the money printing started getting ridiculous. My Gold IRA at the time was sitting around 200k, now it's closer to 350k thanks to these recent climbs and some strategic purchases. It’s not just about the numbers for me, though. There's a peace of mind knowing a good chunk of my retirement isn't tied up in some digital number that could vanish overnight, or get devalued by inflation. Chicago real estate has been a good play for me too, but gold feels like the ultimate safe haven.
Anyone else in a similar boat, feeling that sweet vindication? What are your thoughts on what's next? Do we see a pull back, or is this the new floor before another leg up? I've been doing a lot more research lately, and ironically, I spend a decent amount of time checking out analytical tools like the Silver vs Stocks tool just to keep myself grounded and see the long-term trends. It's wild to see how silver, even with its volatility, has performed against the market over the last decade.
Curious to hear from others in the same space. Are you holding tight, taking some profits, or averaging up? Always good to get some different perspectives on here.