Gold blowing past ATH - should we be taking profits or doubling down on rollovers? Thoughts?
- •Watching gold absolutely tear it up this last week has been wild.
- •For those of us who’ve been advocating for a bigger slice of precious metals in our retirement portfolios, it feels like a vindication, right?
- •I’m thinking about the roughly $800k I rolled over from an old 401k back in 2021 when the metals were consolidating.
Watching gold absolutely tear it up this last week has been wild. For those of us who’ve been advocating for a bigger slice of precious metals in our retirement portfolios, it feels like a vindication, right? My portfolio, which is heavily weighted in PMs (easily 25%+ of my 5M+ liquid assets, not to mention physical holdings), has seen some serious gains just from the Gold IRA portion. I’m thinking about the roughly $800k I rolled over from an old 401k back in 2021 when the metals were consolidating. That move alone is looking pretty savvy right about now.
The question on my mind, from my Scottsdale office looking at these numbers, is whether this is a genuine breakout signaling a new, sustained bull run, or if we're hitting exhaustion here. My gut says with all the global instability – political turbulence, inflation worries not really going away, and central banks still gobbling it up – there’s more room to run. I remember back in '08 and '09 when I was first getting into entrepreneurship and watched gold climb while everything else was tanking. Feels kinda similar, but with different drivers.
So, for those of you with significant holdings, especially in your retirement vehicles, are you considering taking some profits out of your Gold IRA, maybe diversifying into other alternative assets, or are you like me, thinking about another rollover from a stale brokerage account? I’m seriously contemplating another $500k-ish move in the next few weeks if we see a slight dip or continued positive momentum. The tax advantages of keeping these gains sheltered are just too good to ignore. Would love to hear different perspectives – what's your play here?