What are you doing with gold hitting ATH?
- •Okay, so gold just smashed through its all-time high, and I'm honestly a mix of stoked and a little bit…nervous?
- •Like, I've been preaching the gold gospel to my clients for years, especially with the inflation scares and general economic volatility.
- •My own Gold IRA is sitting pretty well right now, probably up around 15-20% since I really started aggressively recommending it back in 2020.
Okay, so gold just smashed through its all-time high, and I'm honestly a mix of stoked and a little bit…nervous? Like, I've been preaching the gold gospel to my clients for years, especially with the inflation scares and general economic volatility. My own Gold IRA is sitting pretty well right now, probably up around 15-20% since I really started aggressively recommending it back in 2020. I’ve personally got about $300k of my portfolio in physical gold & silver through my Roth and SEP IRAs, which felt like a significant bet at the time, but it’s definitely paying off now.
The thing is, a lot of my clients here in Salt Lake City are looking at these numbers and asking the same question I’m grappling with: what now? Do we ride this wave? Take some profits? For some of my older clients, locking in gains makes sense, especially if they’re nearing retirement. But for others, especially those still in their accumulation phase, the argument for continued diversification with gold feels stronger than ever. The geopolitical instability alone seems like it’s going to keep this momentum going for a while.
I’m particularly curious about how others are advising their clients or managing their own portfolios. Are you seeing similar enthusiasm? What’s your gut feeling on the immediate future for gold? Is this just the beginning of a larger surge, or are we due for a correction before it climbs higher? I'm debating whether to suggest a slight reallocation for some clients to capture some of these gains, but I don't want to bail too early if this is just getting started. Any thoughts on resistance levels or technical indicators you're watching?