Gold remains on the path to $4,000 as the US dollar weakens - Bank of America

Kitco ^ | August 28, 2025 | staff

[aMorePerfectUnion]

Love your posts Diana!

[CFW]

It was a fun day in the market. Hubby and I had several stocks up over 4%. $AEM set a new high and then kept going up before pulling back a bit just before the close. Five of our other mining stocks also set new one year highs.

[aMorePerfectUnion]

Hubby and I had several stocks up over 4%. $AEM set a new high and then kept going up before pulling back a bit just before the close. Five of our other mining stocks also set new one year highs.

#metoo!

:-)

[aMorePerfectUnion]

Sure, if you begin in 1986

[Uncle Miltie]

Which is when I began.

[Diana in Wisconsin]

FWIW, those of us that own physical PMs also have IRAs, 401Ks, Pensions, SS, cash, paid off homes and land and vehicles, no debt, etc.

I see absolutely nothing wrong with diversifying. I would never put it all in one basket. Never have.

[SamAdams76]

I have most of my money in S&P 500 index funds, which have done very well since 1986, as you pointed out. (I actually started in 1987.) 20% of my portfolio is in gold and silver however. Not ETFs but actual physical metals. This is a hedge against a market crash and inflation. Basically an ounce of gold 150 years ago has the same buying power today, even as they were furiously digging it out of the ground in California (and later the Yukon). As for silver, it has big upside potential due to industrial demand and scarcity.

File under not putting all your eggs in one basket.

[Uncle Miltie]

I too have a bit of gold, and some moderate amount of silver. Not enough to be considered an investment or diversification vehicle, but rather as a Depression Hedge. If things get really bad, you can buy beans and rice for silver.

But among metals, I prefer copious quantities of lead and means with which to fling it.

Debt free, real estate, good dirt for growing, good fields of fire, wood and a freestanding fireplace to heat and cook on, food stocks, etc. Yeah, it’s all there..

But as an investment, I have millions of people get up in the morning and go to work to try to make me more money with their productivity. That’s where an investment can really literally WORK for you. I invest in productive humanity.

And it works well!

[baclava]

Cool

My full oz 22ct bracelets and chains I bought from Kuwait City at $300 an oz is working well.

Good to know

[sauropod]

.

[ProtectOurFreedom]

Ad time for weak dollar for us. We are in Ireland, Scotland and England for three weeks.

[unclebankster]

But as an investment, I have millions of people get up in the morning and go to work to try to make me more money with their productivity. That’s where an investment can really literally WORK for you. I invest in productive humanity.

And it works well!

******************

That investment strategy will always work......no matter the era.