At mid-50s, I have 1,100 physical ounces of silver, 13 oz of gold and 12 oz platinum. Mostly American Eagles except for some Silver bars. All bought around 2015-2017. I would never own paper claims on precious metals via an ETF. Too many contract claims for each ounce of precious metals.

Age 65, I have all in stocks and bonds and my paid for house.

I do have some gold jewelry that I like to wear.

Anonymous wrote:

Anonymous wrote:I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%.

Jewelry is not an investment.

That’s an odd statement. It’s at least worth its precious metal/gemstone content…but certainly Tiffany or other antique jewelry can be an investment the same as artwork can be an investment.

5% but in the form of beautiful jewelry you wear

ZERO. Jesus Christ.

Zero and it's gonna stay that way

Anonymous wrote:I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%.

Jewelry is not an investment.

1/3 of your portfolio in metals? Please don’t do this!

It’s always smart to diversify, go buy some gold and silver and throw it in a safe. Buy some art too, and some real estate. I’m not kidding.

Buy some mining stocks like FCX or BHP. You won’t be as leveraged to the base metal price, you will get diversification and they pay dividends.

I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%.

I have some jewelry and a few coins. No other metals. 99.9% of my net worth is in stocks, bonds, and real estate. I retired early.

Take a look at a chart of GLD, it’s been a parabolic move up since about 10/22. So you are late to the party. Listen to your broker and only invest a small percentage in this fund.

I’m 50. I have maybe 5 oz silver coins and a Roman silver coin. Can I retire?

Don’t do it. Trust your advisor. You can put some money in a buffer fund instead. https://www.cnbc.com/2024/10/03/buffer-etfs-what-to-know-before-investing.html

I'm worried about the dollar and the debt. And war and inflation. I want to put 1/3 of my retirement funds into a diversified precious metals fund. My broker could barely contain his disbelief. He said usually he recommends 5% in precious metals.

What are your thought?