Gold Coins and Inflation - My Recent Experience

Paul Hill

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Gold Coins and Inflation - My Recent Experience

paul_hill🏆Advanced (250-500k)

about 2 months ago

Key Takeaways

•My big question is, beyond just holding the physical asset, what are others doing to leverage gold coins specifically for inflation protection?
•semi-numismatic) based on current economic indicators?
•I'm really trying to fine-tune my strategy here.

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Okay, so I've been seeing a lot of chatter lately, both in my investor groups and frankly, just talking to people around Salt Lake, about inflation heating up. It's been a real concern for me personally, and I've been spending a good chunk of time going over my clients' portfolios, mostly looking at how to fortify against this creeping devaluation of the dollar. I manage a few decent-sized gold IRAs, one of them being my own, which is currently sitting right around the $380k mark, almost entirely in physical gold coins.

My big question is, beyond just holding the physical asset, what are others doing to leverage gold coins specifically for inflation protection? I've been pretty happy with how my own portfolio has held up, especially after I shifted a good 60% of it into various pre-1933 US gold coins a couple of years back. I know the numismatic value adds another layer, which in theory should help during inflationary periods, but is anyone actively moving between different types of gold coins (e.g., bullion vs. semi-numismatic) based on current economic indicators?

I'm really trying to fine-tune my strategy here. For instance, with the Fed hinting at rate cuts and the national debt basically a runaway freight train, I'm feeling even more confident in my gold positions. But I'm always looking for ways to maximize the protective aspect. Any other gold IRA investors out there, especially those with a significant allocation in physical coins, have thoughts on specific types of coins they've found perform best during inflationary pressures? Or even just broader strategies that have worked for them?

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3 comments

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Best Answer▲ 8 upvotes

catherine_bell🏆Advanced (250-500k)

Dude, I hear you! It's like everyone's suddenly remembering that inflation is a thing. I've been a little freaked out myself, especially with gas prices and groceries creeping up. Actually just pulled the trigger on some gold coins a few weeks ago for the first time ever, specifically for this reason. Hope it's a smart move in the long run!

Comments (3)

catherine_bell🏆Advanced (250-500k)Real Investor•about 2 months ago

ronald_morris👑Elite (1m-5m)Real Investor•about 2 months ago

Hey, I'm curious about the Salt Lake City connection you mentioned. Is there something specific happening locally there that's making the inflation concern more pronounced, or is it just general chatter reflecting national trends?

charles_lewis💎Premium (500k-1m)Real Investor•about 2 months ago

Interesting post. While I agree inflation is definitely a *thing* right now, I'm not entirely convinced gold is the bulletproof hedge everyone makes it out to be. Historically, gold's performance during inflationary periods has been a bit more mixed than some narratives suggest. Sometimes it shines, sometimes it... doesn't. It's not always a straight line up.

I'm more focused on a diversified approach with a mix of assets that historically perform well in different economic climates, rather than putting all my eggs in the precious metals basket, even if it is a shiny one.

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