Inflation scares are real... anyone else loading up on physical?
- •I've been watching this inflation data come in, and quite frankly, it's getting harder to ignore.
- •But I'm seriously considering adding even more physical gold to my home vault.
- •Not just paper gold or ETFs.
I've been watching this inflation data come in, and quite frankly, it's getting harder to ignore. We’re hearing the usual "transitory" nonsense, but the prices I'm seeing for everything from building materials for my next project to my weekly grocery run are telling a very different story. Had a conversation with my wealth manager last week, and while he's diversified me well across various asset classes, even he's starting to sound a little more cautious about the traditional market going into Q4.
My personal portfolio is already heavily weighted towards precious metals, especially a significant chunk in my Gold IRA (been building that up for a good 8 years now, was close to $1.2M last I checked). But I'm seriously considering adding even more physical gold to my home vault. Not just paper gold or ETFs. I'm talking about more coins, more bars. The thought of losing purchasing power on my hard-earned capital is just eating at me. I've built this whole thing from the ground up as an entrepreneur here in Scottsdale, and seeing that value erode because of government spending and monetary policy... let's just say it keeps me up at night.
Are any of you guys feeling the same pressure? Is this pushing you to allocate even more heavily into physical gold or other hard assets? I'm curious if anyone else is making significant moves right now or if I'm just being overly conservative. Thinking about pulling another $250k from a less desirable equity position next month and converting it. What are your thoughts on where we're headed in the next 12-18 months?