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    Gold just hit $2,300+... and my Palladium IRA is looking mighty fine. Anyone else feeling good right now?

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    Key Takeaways
    • Okay, so that Gold number today is just wild, right?
    • Over $2,300 an ounce.
    • My Gold IRA, which I started back in '08 when things were shaky, has been steadily chugging along, but this latest surge is really something.
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    Okay, so that Gold number today is just wild, right? Over $2,300 an ounce. My Gold IRA, which I started back in '08 when things were shaky, has been steadily chugging along, but this latest surge is really something. Got about 60% of that $750k portfolio in precious metals, the bulk of it gold, but I've always kept a significant chunk – probably 15-20% – in palladium. Seen a lot of guys here on the forum just focus on gold and silver, and I get it, those are the mainstays. But from my time out in the Pacific, you learn to look at the bigger picture, and palladium’s industrial demand, especially with everything going on with EVs and manufacturing, always seemed like a smart, albeit less talked about, diversified play.

    I remember when I first retired from the service and started really digging into this. Everyone was pushing some tech stock or real estate, and while I’ve got some of that too, the physical asset always felt like the bedrock. Living out here in Honolulu, you feel a bit disconnected from the mainland financial chatter, which sometimes is a blessing. It allows you to step back and look at global trends without all the day-to-day noise. You see the instability in certain regions, the currency devaluations, and it just reinforces why having real, tangible wealth is so crucial. That 15% palladium in my IRA? It's like my insurance policy for my insurance policy, if that makes sense.

    So, gold's breaking records. That's fantastic. My question for you all is, what are you doing now? Are you just holding? Rebalancing? I'm debating taking a little profit from my gold, maybe shifting a small percentage into something else, or even just letting it ride. My palladium has been quietly doing its thing, and I’m pretty comfortable with that position, but the gold run has me thinking. Anyone made significant moves with their palladium holdings lately, or are you just letting it sit alongside the gold?

    It's a good problem to have, for sure. But I'm always curious to hear what other folks, especially those with a similar long-term view, are strategizing. Cheers from paradise!

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    9 comments

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    Best Answer▲ 16 upvotes
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    donna_rogers🏆Advanced (250-500k)
    I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

    Comments (9)

    5
    mark_adams👑Elite (1m-5m)Real Investorabout 2 months ago

    Oh man, I totally understand that feeling! My grandmother actually had a similar experience. She started putting a good chunk into a Gold IRA in the late 90s, mainly as a hedge against inflation. For years it just kinda sat there, doing its thing, but the last few years it's really taken off.

    I remember her showing me the statements a while back and just shaking her head in a good way. She's not even actively tracking it, just letting it ride. Good for you for having that foresight!

    10
    michael_anderson🏆Advanced (250-500k)Real Investorabout 2 months ago

    Nice! Always good to see that kind of growth. Out of curiosity, what made you go with Palladium for the rest of that precious metals allocation instead of silver?

    1
    jason_morgan💰Established (100-250k)Real Investor✓ Verifiedabout 2 months ago

    That's awesome for your Gold IRA, seriously! But I gotta say, even with gold's monster run, calling a Palladium IRA "mighty fine" might be a bit of a stretch for some folks. Palladium's definitely had its moments, but the long-term trend and industrial demand can be a bit more volatile than gold or even silver.

    I totally get the feeling good part when your investments pop off, though. Maybe it depends on when you got in on that palladium. Good on ya!

    5
    mark_adams👑Elite (1m-5m)Real Investorabout 2 months ago

    That's awesome to hear about your portfolio! It's definitely a good feeling when your foresight pays off like that. For anyone looking to diversify further, don't forget to research the different types of gold available for IRAs. Not all gold products are IRA-eligible, so it's worth checking out IRS guidelines or a good explainer like this one: https://www.irs.gov/pub/irs-tege/epchd2003a005.pdf (PDF warning, but directly from the IRS).

    16
    donna_rogers🏆Advanced (250-500k)Real Investorabout 1 month ago

    I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

    6
    michael_anderson🏆Advanced (250-500k)Real Investorabout 1 month ago

    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

    3
    patricia_miller📊Growing (50-100k)✓ Verifiedabout 1 month ago

    Interesting take. I've heard the opposite from a few people though — would love to see some actual numbers on this.

    1
    susan_clark💰Established (100-250k)Real Investorabout 1 month ago

    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    0
    jason_morgan💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

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