Gold price holding steady – what's next?

• •This isn't just about appreciation for me; it’s about capital preservation and having that true "no counterparty risk" asset.
• •My current thinking is that this consolidation is just a breather before the next leg up.
• •I’m not saying we're going to $3000 tomorrow, but I wouldn't be surprised to see us push past $2500 by year-end.

Been watching gold consolidate around this $2300-$2350 range for a bit now, and honestly, it’s making me feel pretty good about my long-term strategy. I know a lot of folks get twitchy when it’s not making huge moves, but after piling into physical the last couple of years, this stability is actually a welcome sight.

My stack is heavily biased towards physical – we’re talking multiple figures in ounces, mostly Eagles and Maples, plus a decent chunk of 100oz bars in a secure vault down in Phoenix. My Gold IRA component, which makes up about 15% of my total portfolio (sitting just north of $5M if you include all my business assets and other investments), is also performing exactly as I’d hoped. It’s the ultimate uncorrelated asset, and frankly, some of the best sleep I get is knowing that core is locked in, tax-advantaged, and completely outside the traditional banking system. This isn't just about appreciation for me; it’s about capital preservation and having that true "no counterparty risk" asset.

My current thinking is that this consolidation is just a breather before the next leg up. With global instability not going anywhere, inflation still a quiet monster, and central banks loading up, where else do you put significant capital for true safety? I’m not saying we're going to $3000 tomorrow, but I wouldn't be surprised to see us push past $2500 by year-end. Anyone else in Scottsdale feeling the same? Or are some of you expecting a bigger correction before it runs again?