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[Investments] Topic: what % of your portfolio/net worth is in precious metals |
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dimedimenickel |
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Prospect
Joined: Sep 2007
Posts: 320
Location: South Carolina |
#1 Posted: 1/18/2011 7:23:16 PM
Trying to get a sense if people are in this trade in a small way or big way right now. I see the commercials on gold and I'm assuming retail is in this trade in a large way.
My allocation is as follows:
Gold: zero % Silver: zero % Other metals: zero %
Only thing that comes close is I have a 15% position in met coal stocks (anr, pcx).
Thanks in advance. Also curious if those have any opinions on how this trade will look 1-2 years out. |
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LuckyLuke |
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All-Star
Joined: Jan 2003
Posts: 12587
Location: New York |
#2 Posted: 1/19/2011 2:08:38 PM
i will stop with SLV when i hit 15-18% of total portfolio
i have very strong opinion about URA will try to get about 7-10% soon.
Also looking into J. Deer, Abbott and CAT but thats very expensive.
wont diversify past that. u can see my portfolio on different thread.
last year hit +17%
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dawniewags |
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Banned
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#3 Posted: 2/19/2011 8:11:50 PM PLATINUM GOLD and SILVER 100% of my money is tied up in these precious metals
I own 5 lbs of Platinum $112,000 8 lbs of gold $166,400 and 15 lbs of silver $15,600 so total worth is $294.000 current
physically locked away in a safe in my home !
safest best investment i ever made if i need funds i go sell a lb or two when prices are highest !
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JEFFMARKETCAP |
RSI  |
Legend
Joined: Nov 2002
Posts: 50883
Location: Illinois |
#4 Posted: 2/20/2011 9:35:43 AM QUOTE Originally Posted by dawniewags: PLATINUM GOLD and SILVER 100% of my money is tied up in these precious metals
I own 5 lbs of Platinum $112,000 8 lbs of gold $166,400 and 15 lbs of silver $15,600 so total worth is $294.000 current
physically locked away in a safe in my home !
safest best investment i ever made if i need funds i go sell a lb or two when prices are highest !
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Jamill24 |
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#5 Posted: 2/21/2011 12:46:53 AM |
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be easy |
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MVP
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Location: Pennsylvania |
#6 Posted: 2/21/2011 8:53:39 AM QUOTE Originally Posted by Jamill24:
Just got out of SLV on Friday, jumped in at 26. Will look for re-entry around 30-30.50
good luck with that
when it dipped to 26ish, i thought about dumping more of mine. But that quick run back to 30's and now busting thru new highs to 33+, i went on ebay to see what i could list some rolls of eagles for, and it seemed as if they were selling as high as 38$ each 
I'll be damned if i'm selling into the march to 50 
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Jamill24 |
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#7 Posted: 2/21/2011 2:39:54 PM QUOTE Originally Posted by be easy: good luck with that when it dipped to 26ish, i thought about dumping more of mine. But that quick run back to 30's and now busting thru new highs to 33+, i went on ebay to see what i could list some rolls of eagles for, and it seemed as if they were selling as high as 38$ each I'll be damned if i'm selling into the march to 50
I agree completely, this is going to $50 IMO, but I do think we have a couple days of consolidation, maybe 2-3 days...Regardless of where it is, I will get back in. Just hoping for a small dip and will pounce again.
BTW, I had 50% of my portfolio in SLV, once I jump back in I will move to a 60-75% position. |
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Jamill24 |
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#8 Posted: 2/21/2011 3:13:38 PM  DAMN! |
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dimedimenickel |
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Prospect
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#9 Posted: 3/2/2011 6:20:49 PM
What I found is that most of these guys, not all, but 95% (took a poll of 50+) do not own any silver/gold or very little.
I think most feel underallocated this asset.
Good luck.
Price targets here are SLV hits $43 and GLD hits $1750 both over the next 12 months. I'm buying leaps.
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pederson16 |
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#10 Posted: 3/14/2011 9:02:15 PM currently about 60% in slv oil and gld long term and ugl, agq, dyy, shorter term movement plays,..... got in agq at 127  but only own 100 shares currently bc i sold most around 150 and 175 levels...always good trade to take gains..... another 20% in energy etfs and the rest in cash to trade
i'd highly suggest commodity and energy stocks/etfs/funds whatever you are partial to and can get in to |
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OnlyGod |
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#11 Posted: 3/15/2011 2:11:43 AM |
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dimedimenickel |
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Prospect
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Location: South Carolina |
#12 Posted: 5/5/2011 9:42:12 PM
BEEN A GREAT RIDE. SOLD SLV AT 41.....KICKED MYSELF FOR ABOUT 2 WEEKS...NOW I WATCH IN AWE AT THE CARNAGE.
Looks like I started my post when SLV was about in the 6th inning....this trade is officially broken. GAME OVER.
I won't even consider re-entering until the 26-28s.
GOOD LUCK TO ALL. |
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