Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

LuckyCharms

(20,833 posts)

9. Or, if you think think it won't go higher...

Reply to MineralMan (Reply #7)

Wed Oct 8, 2025, 10:41 AM

Wednesday

Last edited Wed Oct 8, 2025, 06:19 PM - Edit history (1)

You could short gold funds, or buy puts.

Personally, I think it will go higher.

But I've been holding and stacking silver since I was a kid.

The reason people buy it in the first place is not to get rich, but rather, to hedge against inflation or a complete political meltdown.

Wise investors rarely hold more than 5% of their portfolios in precious metals.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Wednesdays

30 replies

= new reply since forum marked as read

Highlight:

Gold ask is at $4,046 per ounce as I type this. All time high. n/t [View all] LuckyCharms Wednesday OP

I am going to load up my truck and cash in, doc03 Wednesday #1

I'm not sure of your age... LuckyCharms Wednesday #3

Wow doc03 Wednesday #27

I had started a little dollar-cost averaging program... MaeScott Wednesday #2

Seems like a lot of investors are fleeing to a perceived safe haven LuckyCharms Wednesday #4

China and India are buying LOTS of gold RazorbackExpat Wednesday #12

Most people never heard of it on the way up. usonian Wednesday #5

Because the dollar is in the toilet Johonny Wednesday #6

Buy High! Never Sell! MineralMan Wednesday #7

Or, if you think think it won't go higher... LuckyCharms Wednesday #9

I have always given all of my investments in gold MineralMan Wednesday #11

I like silver, both for it's silver value, and numismatic value. LuckyCharms Wednesday #14

I have a question Marthe48 Wednesday #8

Marthe... LuckyCharms Wednesday #10

I don't invest in it Marthe48 Wednesday #13

Personally? I would only sell it as a last resort. LuckyCharms Wednesday #15

I suspect that the elite rich want to scarf up as much of the precious metals as they can Marthe48 Wednesday #17

Make sure you don't sell your toilet paper! LuckyCharms Wednesday #19

You mean it doesn't say Marthe48 Wednesday #22

LMAO! LuckyCharms Wednesday #23

"...the elite rich want to scarf up as much of the precious metals as they can..." Wednesdays Wednesday #24

Thanks! Marthe48 Wednesday #25

I bought my first gold coin in 1968, RazorbackExpat Wednesday #16

I bought a one ounce Englehard silver bar at a Syracuse coin shop LuckyCharms Wednesday #20

Goldfinger will be happy SocialDemocrat61 Wednesday #18

This message was self-deleted by its author PeaceWave Wednesday #21

Silver ._. Wednesday #26

Precious metals go up when the economy or doc03 Wednesday #28

Clearly a bubble. Gonna sell my gold - and my tulip bulbs! yellowcanine Wednesday #29

Not necessarily if the fucker in the oval office... LuckyCharms Wednesday #30