Gold just smashed through ATLs - what's everyone thinking for the next move?
- •Okay, so gold just absolutely blew past its All-Time Highs, and honestly, I'm feeling pretty damn good about my position right now.
- •This run up just reinforces that belief for me.
- •I remember back in 2020-2021 when everyone was saying gold was dead money, stuck in a range, blah blah.
Okay, so gold just absolutely blew past its All-Time Highs, and honestly, I'm feeling pretty damn good about my position right now. Ever since I opened my Gold IRA a few years back – put in about 60 grand initially, now it’s sitting closer to 85-90k with all the market shifts – I’ve been a firm believer in physical assets. Being in agriculture here in Fresno, you learn pretty quick that what you can actually hold and touch has real value, unlike some of the paper promises out there. This run up just reinforces that belief for me.
I remember back in 2020-2021 when everyone was saying gold was dead money, stuck in a range, blah blah. Meanwhile, I was just holding steady, buying a little more when I could, knowing that eventually sound money would come back into favor. And here we are. It’s not just the stock market craziness or inflation worries anymore; feels like a lot of institutional money and even global instability is pushing this thing higher. The geopolitical stuff happening around the world is definitely playing a role, I think.
So, what’s everyone’s take on what comes next? Do we see a significant pullback after this surge, or is this just the beginning of a much bigger move? I’m thinking about potentially adding another 10-15k into my Gold IRA if there’s a dip, but also don’t want to be kicking myself if it just keeps rocketing. Should I wait for a correction or just DCA even at these levels?
I’m particularly curious to hear from folks who have been in this game longer than I have. Is this pattern similar to previous breakout moments, or does this feel different? Are you guys holding, adding, or even thinking about taking some profits? Always good to hear what other real asset enthusiasts are doing.