Gold breaking all time highs - what now?
- •Man, gold hitting these new all-time highs is wild, right?
- •I've been watching my Gold IRA like a hawk these past few weeks, and it's definitely put a smile on my face.
- •Sold my last tech startup a couple years back, took a big chunk of that into precious metals as a hedge.
Man, gold hitting these new all-time highs is wild, right? I've been watching my Gold IRA like a hawk these past few weeks, and it's definitely put a smile on my face. Sold my last tech startup a couple years back, took a big chunk of that into precious metals as a hedge. Call it a San Francisco tech bro diversifying, but I saw the writing on the wall with some of the market volatility.
My initial allocation was around 15% of my portfolio, which for me was a solid six figures – close to $350k spread across physical gold and some silver too. Seeing it climb like this, especially now, is just validating that move. It’s comforting to know that even with all the talk of inflation and geopolitical stuff, at least one part of my portfolio is performing so strongly.
But it also makes me wonder, what's next? Is this just the beginning of a bigger run, or are we looking at a possible pullback? Part of me is tempted to rebalance a bit, maybe lock in some of those gains, but the other part of me, the one that still thinks like a disruptor, is saying "hold strong, this could go even higher." I’m definitely still in for the long haul – this isn’t day trading for me. What are you all thinking? Are people holding or considering rebalancing their precious metal holdings?