Just Joshin Posted February 18, 2021 Share Posted February 18, 2021 With inflation potentially around the corner, should an investor start/increase their holdings in gold? I have usually focused on equities and bonds but maybe time to diversify. Thoughts? Note: all comments in this thread are for discussion and not intended as investment advice. 2 Quote Link to comment Share on other sites More sharing options...
GG1 Posted February 18, 2021 Share Posted February 18, 2021 You should always have a diversified portfolio across all assets. Add crypto to the list. Don't run around chasing returns by jumping from one asset class into another if you're not fully versed in the assets. 1 Quote Link to comment Share on other sites More sharing options...
Ann Posted February 18, 2021 Share Posted February 18, 2021 Gold holding and gold coins 🙂 Quote Link to comment Share on other sites More sharing options...
Just Joshin Posted February 19, 2021 Author Share Posted February 19, 2021 23 hours ago, Ann said: Gold holding and gold coins 🙂 Seems like a pain to hold physical gold. True? Quote Link to comment Share on other sites More sharing options...
Just Joshin Posted February 19, 2021 Author Share Posted February 19, 2021 On 2/18/2021 at 2:58 PM, GG1 said: You should always have a diversified portfolio across all assets. Add crypto to the list. Don't run around chasing returns by jumping from one asset class into another if you're not fully versed in the assets. Agreed. Well diversified with the exception of precious metals and crypto currency. Not ready to go crypto but maybe metals. Quote Link to comment Share on other sites More sharing options...
GG1 Posted February 19, 2021 Share Posted February 19, 2021 1 minute ago, Just Joshin said: Agreed. Well diversified with the exception of precious metals and crypto currency. Not ready to go crypto but maybe metals. You should incrementally add both. Precious metals are a bigger problem to invest in because you get screwed on the bid/ask for the physical assets. Quote Link to comment Share on other sites More sharing options...
Ann Posted February 19, 2021 Share Posted February 19, 2021 55 minutes ago, Just Joshin said: Seems like a pain to hold physical gold. True? Gold coins? No. Bars? Here is a US overview. If owned in a foreign country, a bank may be able to hold (and US yearly reporting is necessary if over $10k). Quote Link to comment Share on other sites More sharing options...
Foxx Posted February 19, 2021 Share Posted February 19, 2021 The premium dealers charge for phyz can be significant. Example, right now it is roughly $12 and change per oz. of Ag and $173 for Au, for American Eagles. Quote Link to comment Share on other sites More sharing options...
devnull Posted February 20, 2021 Share Posted February 20, 2021 Never hurts to invest in in steel, aluminum, polymer, lead, and brass 1 3 1 Quote Link to comment Share on other sites More sharing options...
Just Joshin Posted February 20, 2021 Author Share Posted February 20, 2021 12 hours ago, devnull said: Never hurts to invest in in steel, aluminum, polymer, lead, and brass I have good stocks of the these but still shortages in my area. Quote Link to comment Share on other sites More sharing options...
TakeYouToTasker 2.0 Posted February 23, 2021 Share Posted February 23, 2021 On 2/19/2021 at 3:49 PM, Just Joshin said: Seems like a pain to hold physical gold. True? Unless you own physical gold then you don’t own gold. You own accounting tricks on a ledger. 1 Quote Link to comment Share on other sites More sharing options...
Foxx Posted February 23, 2021 Share Posted February 23, 2021 Does Ag have a higher upside? Quote Link to comment Share on other sites More sharing options...
TakeYouToTasker 2.0 Posted February 23, 2021 Share Posted February 23, 2021 9 hours ago, Foxx said: Does Ag have a higher upside? The silver market is a complete fraud. The overwhelming majority of it is “paper silver”, with only a small portion actually deliverable. Quote Link to comment Share on other sites More sharing options...
Foxx Posted February 24, 2021 Share Posted February 24, 2021 15 hours ago, TakeYouToTasker 2.0 said: The silver market is a complete fraud. The overwhelming majority of it is “paper silver”, with only a small portion actually deliverable. Precisely. If/When that manipulation is broken, silver should find it's true value. Considering it's worth in electronics alone, it should be priced in fiat much higher. 1 Quote Link to comment Share on other sites More sharing options...
Foxx Posted March 1, 2021 Share Posted March 1, 2021 Damn. https://twitter.com/waldko/status/1365524349906804737 4 Quote Link to comment Share on other sites More sharing options...
Jauronimo Posted March 1, 2021 Share Posted March 1, 2021 23 minutes ago, Foxx said: Damn. https://twitter.com/waldko/status/1365524349906804737 https://abcnews.go.com/International/wireStory/50-killed-collapsed-gold-mine-eastern-congo-72966797 1 1 Quote Link to comment Share on other sites More sharing options...
TakeYouToTasker 2.0 Posted March 27, 2021 Share Posted March 27, 2021 On 2/24/2021 at 10:18 AM, Foxx said: Precisely. If/When that manipulation is broken, silver should find it's true value. Considering it's worth in electronics alone, it should be priced in fiat much higher. 1 1 Quote Link to comment Share on other sites More sharing options...
Foxx Posted May 25, 2021 Share Posted May 25, 2021 Au did close over $1900 today. jus' sayin'... Quote Link to comment Share on other sites More sharing options...
Foxx Posted March 8, 2022 Share Posted March 8, 2022 Au reached it's ATH today @ $2070 an oz. Quote Link to comment Share on other sites More sharing options...
Foxx Posted July 23, 2022 Share Posted July 23, 2022 This was Thursday. 2 hours ago. Quote Link to comment Share on other sites More sharing options...
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