Rebalancing - Anyone selling gold to buy oil/gas stocks?

William Davis

Back to forum

📰 Gold News

Rebalancing - Anyone selling gold to buy oil/gas stocks?

william_davis💎Premium (500k-1m)

about 9 hours ago

Key Takeaways

•Been wrestling with this for the past few weeks and wanted to get some other gold bugs' thoughts.
•I've got a decent chunk of my portfolio (north of $750k across various accounts, IRAs included) in physical gold and a few gold/silver mining ETFs.
•I've been in gold for a long time, like 15 years now, primarily for the wealth preservation aspect and it's served me well through some crazy times.

Get the free Gold IRA guide

Been wrestling with this for the past few weeks and wanted to get some other gold bugs' thoughts. I've got a decent chunk of my portfolio (north of $750k across various accounts, IRAs included) in physical gold and a few gold/silver mining ETFs. I've been in gold for a long time, like 15 years now, primarily for the wealth preservation aspect and it's served me well through some crazy times. The last few years have been particularly strong for the yellow metal, and frankly, I'm sitting on some pretty nice gains.

Here's the rub: I spent my whole career in the oil and gas industry here in Dallas, and honestly, it’s wild to see how undervalued some of these energy majors and even some of the E&P companies are right now. My gut, and years of experience, is telling me there's some serious pent-up value there, especially with global demand still chugging along and supply constraints becoming a real issue. I’m not talking about putting all my eggs in one basket, but I’m seriously considering trimming some of my gold exposure – maybe 10-15% – and reallocating that capital into some energy plays. It feels like a generational opportunity that aligns with my expertise.

My concern, of course, is timing. Is it foolish to sell something that's been a rock-solid performer for so long, especially with all the geopolitical uncertainty out there that usually makes gold shine? But then again, if I don't act now, I could miss out on a significant rebound in the energy sector. It's a classic "fear of missing out" combined with "fear of losing gains." I'm not looking for financial advice, just curious if anyone else in the gold investment space, especially those with larger portfolios, is looking at similar rebalancing moves. Are you selling off any gold to jump into other sectors that seem undervalued? What’s your rationale?

5 comments

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →

43 people viewed this today5 members requested a free kit this week7 investors bookmarked this

Best Answer▲ 9 upvotes

william_davis💎Premium (500k-1m)

Totally get where you're coming from on this. I've been feeling that pull too lately. My Gold IRA is a good chunk of my retirement, and I'm a long-time gold guy myself, probably 10+ years in now. But the energy sector feels like it's got some real legs right now. I actually just pulled about 15% out of one of my mining ETFs to dip my toes into an energy dividend fund. Feels a bit weird to sell gold, but also feels like a smart move for diversification given the current climate. Interested to see what others are doing.

Comments (5)

jason_morgan💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

Totally feel this. I've been eyeing a similar move, though on a much smaller scale, for a while now. Had a good run with some junior miners, but the energy sector's looking incredibly juicy right now. My IRA is mostly gold, and I've been wondering if taking a bit off the table there to jump into some of these oil plays is a smart move. Interesting to see others thinking along the same lines!

david_brown💎Premium (500k-1m)Real Investor•less than a minute ago

Interesting thought process, given how long you've been in gold. When you say "oil/gas stocks," are you thinking more along the lines of established majors like Exxon/Chevron, or exploring some of the smaller, more volatile E&P companies, maybe even some of the service providers?

joshua_phillips🏆Advanced (250-500k)Real Investor✓ Verified•less than a minute ago

Honestly, I hear you, the energy sector is looking mighty tempting right now. But personally, I'm a bit hesitant to swap out gold for oil/gas stocks. Gold has a pretty consistent track record as a safe haven and inflation hedge, which is exactly why many of us are in it for the long haul. Energy stocks, on the other hand, can be a lot more volatile and tied to a different set of geopolitical and economic factors. Just something to consider before making a big move – maybe it's not an either/or situation, but more about diversification within your gold holdings if you're feeling a bit antsy.

gary_stewart📊Growing (50-100k)•less than a minute ago

Totally get the rebalancing itch, especially with how things are looking. Before you jump ship on your gold for oil/gas, have you considered looking into a precious metals dealer that offers a wider range of IRA-eligible assets? Some of them now include things beyond just gold and silver, like palladium and platinum, which could offer some diversification *within* your precious metals holdings without completely abandoning the sector. Just a thought!