Gold soaring - what's next for my IRA?
- •Okay, so gold hitting these insane new highs has my head spinning a bit.
- •I got into a Gold IRA a few years back, around 2021 actually, after a conversation with a buddy who's been in the border trade game for decades.
- •He always talks about tangible assets when things get squirrely, and with everything going on universally, it just made sense.
Okay, so gold hitting these insane new highs has my head spinning a bit. I got into a Gold IRA a few years back, around 2021 actually, after a conversation with a buddy who's been in the border trade game for decades. He always talks about tangible assets when things get squirrely, and with everything going on universally, it just made sense. I rolled over about $150k from a pretty stagnant 401k into physical gold, mostly American Gold Eagles and some Canadian Maples, stored with a reputable custodian.
Honestly, the peace of mind alone has been worth it. Living down here in El Paso, you see a lot of flux – different currencies, different economies, and definitely different levels of trust in institutions depending on which side of the river you're on. Having that gold just feels like a bedrock investment, something solid in an increasingly wild world. My portfolio's probably sitting closer to $180k-$190k now, which is sweet, but also makes me wonder: what’s the play from here?
Part of me wants to just hold tight. It’s an IRA, after all, meant for long-term growth. But then I see these headlines, and it’s tempting to wonder if this is as good as it gets for a while, or if this is just the beginning of a sustained run.
For those of you who’ve been in physical gold IRAs longer than me, what are your thoughts? Are you looking to rebalance and take some profits, or just let it ride? Any seasoned investors out there with border-town or international experience, I'd especially love to hear your perspective on what these highs mean for hard assets. It's a different game when you're literally looking across at another country and constant economic shifts.