Gold is the New Fixed Income

[mdp2505]

This article from Seeking Alpha articulates what feels like an increasingly common sentiment towards gold. 

Should prove rather Bullish if it continues to spread.

Has anyone else come across this feeling from fellow investors?

https://seekingalpha.com/article/4288446-gold-new-fixed-income

[5huggy]

So you follow similar info to me - and the article makes sense in an era of NIRP,ZIRP or neg Yeild Bonds

[5huggy]

This says what i have been aiming for - - - ->>> allocation to gold of 30% or more.

[AgCoyote]

14 minutes ago, 5huggy said:

This says what i have been aiming for - - - ->>> allocation to gold of 30% or more.

Well over half my savings are in metals. 5-10 percent never made a lot of sense to me, it just doesn't seem like enough. If the currency is highly likely to devalue, I would think at a minimum 25% is what you should want.

[Howie]

Well I,m selling my QB,s 1oz Gold Bullion Coins, Lion, Griffin, Red, Unicorn & Black Bull tomorrow for €7200,00 bought for €6100,00 so I,ve got  enough resources to purchase the remaining 4 QB,s in 1oz Gold Proof. Which I hope will be a super investment.

Regards

[FlorinCollector]

1 hour ago, Howie said:

Well I,m selling my QB,s 1oz Gold Bullion Coins, Lion, Griffin, Red, Unicorn & Black Bull tomorrow for €7200,00 bought for €6100,00 so I,ve got  enough resources to purchase the remaining 4 QB,s in 1oz Gold Proof. Which I hope will be a super investment.

Regards

Id hold off. The bullion coins are out performing the proofs. I don't think that will change. Think if the proofs move up, who will buy them from you. They are all already a lot. 

[tallyhojim]

1 hour ago, Howie said:

Well I,m selling my QB,s 1oz Gold Bullion Coins, Lion, Griffin, Red, Unicorn & Black Bull tomorrow for €7200,00 bought for €6100,00 so I,ve got  enough resources to purchase the remaining 4 QB,s in 1oz Gold Proof. Which I hope will be a super investment.

Regards

Sounds like a reasonable strategy. I've often contemplated in just buying silver simply so that I have some sort of PM in case things turn, with the intention of trading/selling it for gold later on.

[Abyss]

1 hour ago, Howie said:

Well I,m selling my QB,s 1oz Gold Bullion Coins, Lion, Griffin, Red, Unicorn & Black Bull tomorrow for €7200,00 bought for €6100,00 so I,ve got  enough resources to purchase the remaining 4 QB,s in 1oz Gold Proof. Which I hope will be a super investment.

Regards

@Spanishsilver may want speak with @Howie selling his Gold QB coins includes the Lion as you may be able to offer higher price than if @Howie selling to a dealer.

[Midasfrog]

2 hours ago, Howie said:

Well I,m selling my QB,s 1oz Gold Bullion Coins, Lion, Griffin, Red, Unicorn & Black Bull tomorrow for €7200,00 bought for €6100,00 so I,ve got  enough resources to purchase the remaining 4 QB,s in 1oz Gold Proof. Which I hope will be a super investment.

Regards

Would be best to hold onto the earlier Beasts until the series has finished or about to end . To sell now means your not holding that gold in your stack . Gold still has a long way to go upwards propelled by Boris Brexit and Trump 🙄

[HawkHybrid]

gold is not a fixed income(in the traditional sense).

gold is it's own unique investment type.

 

only invest as much as your understanding of gold

allows you to.(belangp youtube)

 

https://thesilverforum.com/topic/17703-sold-all-my-gold-got-stung/page/7/?tab=comments#comment-283465

an example of how a winning trade in gold can

turn into a losing trade if your understanding of

gold is not adequate for your intended holdings.

 

HH

[AuricGoldfinger]

10% (ish) is my maximum. Im currently at 7% If i want to grow my gold holdings (Oz’s) i look to grow my entire portfolio - which all investors should aim to do at all times anyway.

As the overall portfolio rises so can my holdings of gold. No interest in selling any gold, or other assets unless theres a serious swing, just looking for growth and diversification.

[Spanishsilver]

2 hours ago, Howie said:

Well I,m selling my QB,s 1oz Gold Bullion Coins, Lion, Griffin, Red, Unicorn & Black Bull tomorrow for €7200,00 bought for €6100,00 so I,ve got  enough resources to purchase the remaining 4 QB,s in 1oz Gold Proof. Which I hope will be a super investment.

Regards

Pm you 

[mdp2505]

3 hours ago, 5huggy said:

This says what i have been aiming for - - - ->>> allocation to gold of 30% or more.

Yes. I used to aim for 20% in precious metals, but we may well be moving into a new paradigm. Hopefully an extended bull run will increase our relative percentage holdings for us all ;-)

[DarkChameleon]

3 hours ago, AgCoyote said:

Well over half my savings are in metals. 5-10 percent never made a lot of sense to me, it just doesn't seem like enough. If the currency is highly likely to devalue, I would think at a minimum 25% is what you should want.

Well if you look at your market returns it's kept up very well with gold and silver so you didn't lose either way...my investments are conservative and my pm's are nicely up in the short term but down in the longterm...I'd still recommend to never cross 20% in pms ... as a hedge it's a good thing but remember you don't get dividends on pms.

[mdp2505]

18 hours ago, HawkHybrid said:

gold is not a fixed income(in the traditional sense).

gold is it's own unique investment type.

 

only invest as much as your understanding of gold

allows you to.(belangp youtube)

Yes. Couldn't agree more. 

However what is very pertinent to us gold bugs and PM enthusiasts from this article, is not the idea that gold is the new fixed income. (Because it isn't). But that a tide of average investors are waking-up to gold. Even if for the 'wrong' reasons.

Investors turning their mindset from seeing a strange asset that is archiac and does very little but look shiny and yellowish to seeing something that is 'better than the stuff that is supposed to pay you an income'. The recent bull run could be the beginning of a huge inflection point.

Gold is money, not income. There have obviously been other gold bull runs before but never in a mass negative interest rate environment. Having millions of investors pile-in during these conditions could get interesting. 

P.S. one of the things I most respect about BelangP is that he does not tell you to go out and buy gold. He encourages you to understand it before anything. 

[5huggy]

3 minutes ago, mdp2505 said:

Having millions of investors pile-in during these conditions could get interesting. 

That's a mild understatement in my opinion !

Down right Exciting - ☺️

[Au79]

Gold has never been a fix income. Mis-marketing without responsibility of a product is going to cost investors eventually.