>Started buying gold/platinum/silver back in April.>Got lucky in the past buying Tesla in 2018 then selling in 2021, buying Moderna in 2020 and selling in 2021, buying Nvidia in 2022 and selling in 2023.>Thought I got lucky again but now I'm just tired.>I bought PMs because I wanted to store my purchasing power due to massive inflation.>I see gold has maintaining its purchasing power in the distant future, but over the next year I'm pessimistic because it just seems to go down no matter what.>Goes down when Iran war is starting, goes down when it's ending, goes down when inflation is down, goes down when inflation is up, goes down when oil is up, goes down when oil is down.>I won't buy anything else. I'll just keep the money in a high yields savings account like a good goy. The only problem with this is that I'm guaranteed to lose money to inflation. I'm so tired of inflation and retards shorting PMs. Only Americans do it. Everyone else on the planet buys PMs like crazy, but every day, as soon as the American markets open, it goes down.Please give honest advice. Frens only. I know there's some Israeli who likes to go on about how PMs are just rocks or something. Okay. When you need chemo in the future, try getting it without platinum in your drug. But anyway, what are your thoughts frens? Should I hold, DCA out, or sell large chunks now?No matter what, I think I'll keep 5 ounces of gold as an insurance, due to every government massively growing their already massive debts, but I feel a bit uncomfortable about 90% of my networth being in PMs and having it massively dump for no reason. I'll probably also keep 100 ounces of silver, and 5 ounces of platinum.
>>62341674>/biz/ gives you bad advice>hey /biz/ I need more bad advice!>no good advice, only bad advice that agrees with the bad advice you gave me before!
>>62341766I didn't get the idea from biz. I don't remember anyone on biz recommending buying platinum back in April like I did.Again, you're just a troll and you're not helpful. Looking to see if anyone has genuine advice.
>>62341674
look at your measly handful of coins and tell yourself: what is this going to change? do you really think you will be able to trade it for something significant in that imaginary distant future? it's nothingthose ai generated chests full of gold in /pmg/ could make a real difference, but you don't have even a 1/100 of that
Ok nevermind guys. I should've known I would just get troll answers. Go back to your weird existence of trolling all day on 4cha. I'm going to sleep.
>>62341674sell
>>62341674gold is a multi decade hold. something like vt is probably better for conserving and compounding wealth
You use PMs to resist inflation. You already fucked up by trying to make money on them in the first place. Sell everything except maybe 10% of your supply and use the money to buy back into more liquid options like stocks, bonds, CDs, etc.
>>62341674I am in similar situation. I bought gold silver leveraged etfs in Jan before the giga dump. Gold silver are in massive macro bearish reversals right now. You can either hold on for years (possibly decades who knows) until it goes back up or just sell now if it isn't particularly damaging to you. For me I am just maxxing my usd stack in high yield savings. If I sold now, I'd be down by a lot.
Sell all your silver and platinum. They're now dead for good. Gold will rise by August by a fuckton.
to be honest it is kind of hard imagining gold still having value after the last boomer dies. it really is a shiny rock. like, genuinely this is like a multi-millennia funko pop obsession.
>>62341674The problem I run into when I contemplate selling my PMs is "then what?" Hold dollars while the rest of the world starts dumping them? Stock? Bonds? Real estate? You are on the threshold of a global economic meltdown. The question is not what will go up in dollar-value over the next year or two. The question is what will retain value when half the wealth in the world collapses into the gaping maw of global debt. It will be less than 10 years from now when interest on the US debt alone will exceed all revenue.
