Inflation worries got me rebalancing my Gold IRA - anyone
- •Starting to feel like we're heading for a really rough patch with inflation, and frankly, it's got me looking hard at my portfolio.
- •I'm sitting on a decent chunk, maybe $800k in my IRA, and a good portion of that is in physical gold and some silver.
- •My gut, honed from years in the oil patch watching market shifts, tells me now isn't the time to be overly exposed to traditional equities.
Starting to feel like we're heading for a really rough patch with inflation, and frankly, it's got me looking hard at my portfolio. I've been in Gold IRAs for about 15 years now, pretty much ever since my kids were little, and this current economic climate feels different from any I've seen in a while. Used to be able to shrug off some of the inflation talk, but with the way everything's going up here in Dallas – gas, groceries, even the cost of getting my AC repaired – it's getting harder to ignore. I'm sitting on a decent chunk, maybe $800k in my IRA, and a good portion of that is in physical gold and some silver.
My gut, honed from years in the oil patch watching market shifts, tells me now isn't the time to be overly exposed to traditional equities. I mean, sure, some tech stocks have been great, but how much longer can that last if purchasing power keeps eroding? I've been actively rebalancing, increasing my gold allocation further, and even looking at silver more seriously. For anyone who hasn't checked it out, the "Silver vs Stocks" tool at https://silvervsstocks.goldirablueprint.com/?period=10Y is actually pretty revealing when you set it to a 10-year period. It really puts into perspective how much silver has held its own, sometimes even outperformed, when you zoom out.
I know some folks just dismiss precious metals entirely, calling them "boomer investments" or whatever, but when the alternative is watching my dollar-denominated assets lose value hand over fist, I'd rather have something tangible. My biggest concern right now is how long this inflation surge will last and what impact it'll have on interest rates. Are you guys feeling the same pressure to re-evaluate your long-term strategies? Anyone else making big moves into gold or silver right now, or am I just being an overly cautious old timer?