Precious metal dip after the US election: gold, silver & mines

Gold has lost around 8% since hitting a record high of $2,790 at the end of October as the dollar strengthens after the Trump election and the Fed signals no rush despite the cut on November 7 (Reuters, 2024-11-14: 'Gold set for biggest weekly fall in 3 years'). For me, this is an entry window, not a trend reversal: central banks continue to buy, total demand exceeded USD 100 billion for the first time in the third quarter according to the World Gold Council (2024-10-30), and US debt is more likely to grow under the new government. I'm building a 3-year portfolio using physical gold and silver as a base, large producers and streamers as leverage, and two smaller silver stocks in case the gold-silver ratio falls above 85 again. Risk class balanced, but mines are significantly more susceptible to fluctuations than the metal itself. No trading portfolio: positions are only touched in the event of fundamental changes.