Gold for Inflation - My 15-year strategy (Dallas gold bugs, chime in!)
- •Been seeing a lot of chatter lately about inflation and it’s got me thinking about my own long game.
- •I've been in the gold game for about 15 years now, starting right around when the housing market was getting spicy.
- •Always been convinced gold is the way to go for protecting against the dollar losing its teeth, and honestly, it’s served me pretty well.
Been seeing a lot of chatter lately about inflation and it’s got me thinking about my own long game. I've been in the gold game for about 15 years now, starting right around when the housing market was getting spicy. Always been convinced gold is the way to go for protecting against the dollar losing its teeth, and honestly, it’s served me pretty well.
My strategy has always been pretty straightforward: a consistent allocation to physical gold, mostly bullion and some pre-1933 coins, tucked away in a secure facility. I also have a portion in a Gold IRA. I’m sitting on a portfolio somewhere in the 750k ballpark, and a decent chunk of that is in gold. My rationale, especially coming from the oil industry where you see the cycles clear as day, is that hard assets are your best friend when the government starts printing money like it’s going out of style. The recent CPI numbers are just more fuel for that fire, in my opinion.
What are others here doing for inflation protection with their gold? Are you guys buying more aggressively now, or holding steady? I’m in Dallas, and honestly, the local dealers here have been seeing insane demand the last year or so. Makes me wonder if the average guy on the street is finally waking up to what’s coming down the pike. Always open to hearing diversified approaches or tools people are using that I might be overlooking.
Have any of you changed your Gold IRA holdings in the last 12-18 months? I’m weighing whether to up my allocation further or just ride out what I have. It's a tricky balance between protecting capital and still looking for growth, especially with the current economic uncertainty. Would love to hear some thoughts from other long-term investors on this.