Gold vs. Silver allocation - my thoughts after a decade of investing
- •Been thinking a lot lately about my gold and silver allocation, especially with all the market noise.
- •As most of you know, I'm pretty heavily into PMs, started after 2008 really shook my faith in traditional assets.
- •I'm sitting on about $200k in my Gold IRA now, mainly gold but with a decent chunk of silver too.
Been thinking a lot lately about my gold and silver allocation, especially with all the market noise. As most of you know, I'm pretty heavily into PMs, started after 2008 really shook my faith in traditional assets. I'm sitting on about $200k in my Gold IRA now, mainly gold but with a decent chunk of silver too. For a retired teacher living in Phoenix, it's given me a lot of peace of mind, frankly.
My general rule of thumb has always been about an 80/20 gold to silver split. Gold for the stability and long-term wealth preservation, silver for the industrial demand and potential for bigger swings. Lately, though, I've been wondering if I should up my silver position. The gold/silver ratio has been all over the place, and it feels like silver is undervalued right now compared to historical averages. I know it's more volatile, but with the way things are going globally, part of me thinks silver might have more room to run in the coming years. What are your thoughts on shifting more towards silver, say 70/30 or even 60/40?
I remember back in 2011 when silver really shot up, and it makes me wonder if we're on the cusp of something similar. It's not like I'm looking to get rich quick, as I'm well past that stage in my life. It's more about optimizing for the future and making sure my grandkids have something solid, you know? Have any of you made significant shifts in your gold/silver allocation recently? What factors are you considering?