How long with the gold run go?

[Anonymous]

I dollar cost average into GLDM (gold ETF) and RING (gold miner ETC).

It's not the majority of my holdings, but about 10%.

[Anonymous]

Gold will continue to rise probably 1-2 yrs. Hard to say after that, long term it will fall. Gold goes up with instability, drama, falls with stability. So investing in gold is a bit of a political/reality check. It's value/risk for investing us based on your pessimism and optimism in how global situation moves forward. Trumps in office for 3 yrs max. Do the math. I would buy gold now but understand it's not a hold for retirement indefinitely. It's going to rise in waves so the idea is to sell that sucker at its height which I think 1-2 yrs. If you are holding a lot of it from buying decades ago, sell later this yr or next for sure to see your investment.

I think it'll go up to $8k or so. How long it stays there is the prob.

Then if you buy now, understand it will likely be a very very long term hold. So gold for the short term is def right.

[Anonymous]

Anonymous wrote:Gold will continue to rise probably 1-2 yrs. Hard to say after that, long term it will fall. Gold goes up with instability, drama, falls with stability. So investing in gold is a bit of a political/reality check. It's value/risk for investing us based on your pessimism and optimism in how global situation moves forward. Trumps in office for 3 yrs max. Do the math. I would buy gold now but understand it's not a hold for retirement indefinitely. It's going to rise in waves so the idea is to sell that sucker at its height which I think 1-2 yrs. If you are holding a lot of it from buying decades ago, sell later this yr or next for sure to see your investment.

I think it'll go up to $8k or so. How long it stays there is the prob.

Then if you buy now, understand it will likely be a very very long term hold. So gold for the short term is def right.

So, it makes sense in a tax-deferred account, not a taxable account that could result in significant capital gains if you need to sell a year or two from now when it either stagnates or deflates.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Gold will continue to rise probably 1-2 yrs. Hard to say after that, long term it will fall. Gold goes up with instability, drama, falls with stability. So investing in gold is a bit of a political/reality check. It's value/risk for investing us based on your pessimism and optimism in how global situation moves forward. Trumps in office for 3 yrs max. Do the math. I would buy gold now but understand it's not a hold for retirement indefinitely. It's going to rise in waves so the idea is to sell that sucker at its height which I think 1-2 yrs. If you are holding a lot of it from buying decades ago, sell later this yr or next for sure to see your investment.

I think it'll go up to $8k or so. How long it stays there is the prob.

Then if you buy now, understand it will likely be a very very long term hold. So gold for the short term is def right.

So, it makes sense in a tax-deferred account, not a taxable account that could result in significant capital gains if you need to sell a year or two from now when it either stagnates or deflates.

Long term capital gains tax would be 15-20% (depending on your taxable income) if you sell in one year compared with capital gains on assets held less than a year, which are taxed at your regular income tax rate, so in a taxable account you would want to hold for at least one year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Gold will continue to rise probably 1-2 yrs. Hard to say after that, long term it will fall. Gold goes up with instability, drama, falls with stability. So investing in gold is a bit of a political/reality check. It's value/risk for investing us based on your pessimism and optimism in how global situation moves forward. Trumps in office for 3 yrs max. Do the math. I would buy gold now but understand it's not a hold for retirement indefinitely. It's going to rise in waves so the idea is to sell that sucker at its height which I think 1-2 yrs. If you are holding a lot of it from buying decades ago, sell later this yr or next for sure to see your investment.

I think it'll go up to $8k or so. How long it stays there is the prob.

Then if you buy now, understand it will likely be a very very long term hold. So gold for the short term is def right.

So, it makes sense in a tax-deferred account, not a taxable account that could result in significant capital gains if you need to sell a year or two from now when it either stagnates or deflates.

Long term capital gains tax would be 15-20% (depending on your taxable income) if you sell in one year compared with capital gains on assets held less than a year, which are taxed at your regular income tax rate, so in a taxable account you would want to hold for at least one year.

True. If you have a $100K gain, which is not uncommon given the way gold and gold funds have moved the past year or so, you should be prepared for an extra tax bill of $15K to $20K, but also the possibility that the income might bump you up to a higher marginal tax bracket.

[Anonymous]

Generally, investing in something when it’s up 100% in a year is a good way to lose a lot of money.

[Anonymous]

I sold my gold yesterday !! So happy

[Anonymous]

Sold it all yesterday and will buy back at a discount and catch the next wave up. I'm such a genius on the internet!