Gold Price

Anonymous
Gold just hit an ATH of $3922.70. I currently own 70oz of gold (actual coins/bars). Good time to sell or do you guys think gold keeps going up?
Anonymous
Uh oh! Don’t tell the annoying folks on here. I’ve been warning of hyperinflation and job losses and the dollar, but there is some guy who is obsessed with Tesla stock and calling any doubt TDS.

Yea, gold is going nuts. If you want free money, buy IAUM or if you like risk GDXU or DGP and hold it for 7 months or like more than and take profit along the way

Or don’t and buy all the tech stocks for a while longer (while we cut rates and finally start quantitative easing to try “fix” things with more liquidity) until the entire market melts down.

We should play a game called “who can accurately pin point market failure”. My guess is less than two years. Keep buying gold ETFs . It’s free money. And I can’t wait until all the cucks who watch Fox News all day and thing the market only goes up weigh in. They prob think everything is just fine.
Anonymous
Anonymous wrote:Gold just hit an ATH of $3922.70. I currently own 70oz of gold (actual coins/bars). Good time to sell or do you guys think gold keeps going up?


Gold is going to $4k this year and higher. Maybe $5k. We are making generational…choices…that are causing its rise. Buy gold ETFs too.
Anonymous
Anonymous wrote:Gold just hit an ATH of $3922.70. I currently own 70oz of gold (actual coins/bars). Good time to sell or do you guys think gold keeps going up?


OP you are sitting on about $274K. I would sell 1/4 and let the rest playout.
Anonymous
Anonymous wrote:
Anonymous wrote:Gold just hit an ATH of $3922.70. I currently own 70oz of gold (actual coins/bars). Good time to sell or do you guys think gold keeps going up?


OP you are sitting on about $274K. I would sell 1/4 and let the rest playout.


Right?

I guess you could sell some, but we are going to see more rate cuts and devaluation of the dollar. Everyday for the last year gold has ticked up slowly. You should wait till $4000 to sell some. You’d be leaving money on the table. We are in uncharted territory with the economy here and gold has more to go up.
Anonymous
It will keep up, but there are assets that have and will go up much faster.
Gold is fine, but don't see me holding any.
Even Nvidia is a better bet.
Anonymous
Anonymous wrote:It will keep up, but there are assets that have and will go up much faster.
Gold is fine, but don't see me holding any.
Even Nvidia is a better bet.


lol. You’re clueless. Gold beat the S&P this year. It goes up every day. NVIDIA and tech stocks will run for a while, but they are basically holding up the stock market right now. We will get rate cuts again this year. Then when everything continues to go to sht like it is now, we will get QE, and that will also make stocks go up, but once the average investor sees the employment numbers, the inflation, and all the rest we are cooked. So yeah, swing trade NVIDIA for a while, it honestly, but IAUM and hold it. Once we have a crash you can sell it and buy IDMO and SPMO and hold those for a long time and watch them go up in value.
Anonymous
Anonymous wrote:It will keep up, but there are assets that have and will go up much faster.
Gold is fine, but don't see me holding any.
Even Nvidia is a better bet.


yeah, it's always been a hedge, not a money maker.
Flipping antique furniture is more lucrative than gold.
Anonymous
Anonymous wrote:
Anonymous wrote:It will keep up, but there are assets that have and will go up much faster.
Gold is fine, but don't see me holding any.
Even Nvidia is a better bet.


yeah, it's always been a hedge, not a money maker.
Flipping antique furniture is more lucrative than gold.


GDXU is up 400% this year. you are wrong again.
Anonymous
I would sell some (20%?) as a hedge. But recession likely so it will probably continue to rise.

I just sold a couple pieces of inherited gold jewelry that I never wear but held onto a few others to see where the prices are going.
Anonymous
I guess it depends on how much of your overall wealth your gold holdings represents.

Ray Dalio recommends a 15% allocation to gold and/or bitcoin. Personally I'd go higher than 15% but YMMV.

https://fortune.com/2025/07/30/ray-dalio-stocks-bonds-federal-deficit-portfolio-gold-bitcoin/
Anonymous
1. I question the wisdom of telling the internet about the quantity of your physical gold stash. 2. If this 274k is a meaningful fraction of your total holdings, maybe sell some to de-risk. Otherwise I’d just hold indefinitely for diversification purposes.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It will keep up, but there are assets that have and will go up much faster.
Gold is fine, but don't see me holding any.
Even Nvidia is a better bet.


yeah, it's always been a hedge, not a money maker.
Flipping antique furniture is more lucrative than gold.


GDXU is up 400% this year. you are wrong again.


400% is nothing compared to many investments in the last year or two. Are you ever right about anything?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It will keep up, but there are assets that have and will go up much faster.
Gold is fine, but don't see me holding any.
Even Nvidia is a better bet.


yeah, it's always been a hedge, not a money maker.
Flipping antique furniture is more lucrative than gold.


GDXU is up 400% this year. you are wrong again.


400% is nothing compared to many investments in the last year or two. Are you ever right about anything?
it’s actually up 590%.
Anonymous
We own about 50oz and are going to await $4k to figure out if we want to sell some. Out Plan A was to fund a car purchase for our kid but maybe we hold a bit longer to $5k. I'm anxious to see if hold closes the year at $4k or above. If above, I think it'll rise even more next yr as my feeling is the Econ will hit the brakes even harder. The stocks will be ok - it's a weird market. The gap is so large between UMC and MC now. The larger the gap, the more cushion the markets have as the ones sitting pretty can continue doing so. Without panic, the market won't flinch.
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