Gold Price

[Anonymous]

Anonymous wrote: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.

+100

Generational gold has been passed down to us. With that said we started investing at the age of 24/25 (now 44/45). Any drop in the market would be a blip for us. With that said IMO gold will continue to hold or rise. We won't see below $3k again.

[Anonymous]

OP looks like $4k incoming: ATH 3,966.20

[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.

It is a money maker: https://www.nytimes.com/2025/10/06/business/gold-price-us-economy.html

And I mean GDX, GDXU, DGP, NUGT, SHNY and other gold miner ETFs that are correlated with its rise. They also don’t have the same 28% collectibles tax rate. What’s comical are the bullish investors on here convinced we are doing well. You know this AI bubble gone burst, right? You get why, right? Probably not. You probably think all is fine. This is the problem. Silo’ed off news sources, dunning Kruger and confirmation bias.

[Anonymous]

Wow! You going to start seeing thieves targeting people on the street for their jewelry like they did in the 70s.

[Anonymous]

I checked gold prices two weeks ago, and it was like 3700. Going up 200 in that short amount of time is INSANE...are prices ever going to go back down?

[Anonymous]

Thinking about investing $5k into GDXU. I'm betting gold hits $5k in the next year if not sooner.

Thoughts from other gold investors?

[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?

i have been buying a few ounce of gold and a few hundred ounces of silver every year for more than two decade now. I think of it as a real roth ira. Who know what the tax rates would be or if there would even be a country in 10-15 years. But these will always be tax free and i can pass on to my children.

[Anonymous]

It's part of the booming debasement trade as all major countries continue unsustainable deficit spending and systematically devalue their currencies. I have about 15% net worth in gold and 25 percent in Bitcoin and feel like that's pretty safe. I've sold some gold this year but now regret it. Left a lot on the table.

[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?

Personally I’d wait until it hits $5000 or close to it.

[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?

i have been buying a few ounce of gold and a few hundred ounces of silver every year for more than two decade now. I think of it as a real roth ira. Who know what the tax rates would be or if there would even be a country in 10-15 years. But these will always be tax free and i can pass on to my children.

How will they always be tax free?

[Anonymous]

Anonymous wrote:

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?

i have been buying a few ounce of gold and a few hundred ounces of silver every year for more than two decade now. I think of it as a real roth ira. Who know what the tax rates would be or if there would even be a country in 10-15 years. But these will always be tax free and i can pass on to my children.

How will they always be tax free?

i buy lots of them cash from the local coin shop, no receipts and no records, xfer to children = gov never knows.

[Anonymous]

Anonymous wrote:Thinking about investing $5k into GDXU. I'm betting gold hits $5k in the next year if not sooner.

Thoughts from other gold investors?

I have a bunch in it. If we don’t raise rates or do stuff to counter a falling dollar that would be good. It’s insane how much this thing goes up. Also, look at NUGT and SHNY.

I mean fk it. I’m buying all 2x leveraged tech stuff like AAPX, LRCX, and QPUX and just holding on for a while. This is a frothy market. It’s a crazy market. Buy some leveraged Rigetti and just let it rip for a few months. Who fking cares? Fortune favors the bold.

[Anonymous]

Anonymous wrote:I checked gold prices two weeks ago, and it was like 3700. Going up 200 in that short amount of time is INSANE...are prices ever going to go back down?

If you look carefully at the charts and economic data, there's a good chance prices return to the $3,000-$3,500 range by March or April 2026.

[Anonymous]

We own a lot of gold and bitcoin as part of a diversified portfolio. I would buy both. Gold is great. Bitcoin has a lot of room to run.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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?

i have been buying a few ounce of gold and a few hundred ounces of silver every year for more than two decade now. I think of it as a real roth ira. Who know what the tax rates would be or if there would even be a country in 10-15 years. But these will always be tax free and i can pass on to my children.

How will they always be tax free?

i buy lots of them cash from the local coin shop, no receipts and no records, xfer to children = gov never knows.

Until they go to sell... they'd have to declare it as part of the estate to get stepped up basis, otherwise they owe tax on their entire sale.