Gold just hit all-time highs... what's everyone's play now?
- •Okay, so gold just breached $2,200.
- •Pretty wild to see, especially considering the noise from a year or two ago about how it was dead money.
- •For those of us who've been stacking, it feels validating, but also makes you wonder about the next move, right?
Okay, so gold just breached $2,200. Pretty wild to see, especially considering the noise from a year or two ago about how it was dead money. For those of us who've been stacking, it feels validating, but also makes you wonder about the next move, right?
I’ve been in physical gold and silver for years, originally getting into it as a hedge against some of my real estate developments. Started heavily diversifying about a decade ago when I saw some headwinds forming in the market up here in Aspen. My portfolio is north of 5M, probably a good 15-20% of that is in physical metals and my Gold IRA. Definitely feeling good about those calls now. I’ve used the Gold IRA Calculator a few times over the years just to run different scenarios on what my IRA value could look like with various growth percentages, and it’s always interesting to see those projections change when the market does something like this.
So, the big question is, what are people doing now? Are we taking profits? Holding steady? Or even still buying? Part of me is tempted to trim a bit of the physical and reallocate, but then I look at the global instability and the continuing devaluation of the dollar, and it feels like gold still has legs. My gut says we're not done yet, but I'm curious to hear other perspectives from people who've seen these cycles before. What are your post-ATH strategies?