Anyone else watching the Fed & seriously reconsidering their platinum strategy?

• •Okay, so I've been following the Fed's latest discussions closely, and frankly, my stomach is doing a few flips.
• •The logic seemed sound – inflation concerns, supply chain issues, growing industrial uses, especially in green tech.
• •Higher rates for longer directly impact industrial activity, right?

Okay, so I've been following the Fed's latest discussions closely, and frankly, my stomach is doing a few flips. I’ve got about 15% of my IRA, so roughly $100k, in platinum right now, much of which I diversified into over the last 18 months, primarily for that industrial demand aspect and the relative scarcity compared to gold. The logic seemed sound – inflation concerns, supply chain issues, growing industrial uses, especially in green tech. I'm based in Philly, and I look at the manufacturing going on and think, "Yep, platinum has a role."

But when you hear Powell talk about needing to see "more compelling evidence" of disinflation before easing, and the continued hawkish leanings from some of the other governors, it makes you wonder about the short to medium-term economic outlook. Higher rates for longer directly impact industrial activity, right? So, if demand for platinum-intensive products like catalytic converters, fuel cells, or even just general manufacturing slows down, what does that do to our platinum holdings? For someone like me, who's really focused on wealth preservation for retirement (I'm a lawyer, so I see enough risk in my day job), this is a genuine concern.

I’ve always seen my platinum as a diversification play against my gold, an "eggs in different baskets" approach within precious metals. My gold IRA, which is the bulk of my metals investment, around $450k, feels relatively stable because gold tends to thrive more on uncertainty and inflation fears, which the Fed is kind of creating in its own way with its cautious stance. But platinum feels more exposed to the immediate economic headwinds caused by tighter monetary policy.

Has anyone else in a similar boat, perhaps with a sizable platinum allocation, been rethinking their position given the current Fed rhetoric? Are you selling some off, holding tight, or even seeing this as a buying opportunity if you believe the industrial demand will eventually outweigh the short-term rate hikes? Really interested to hear how others are strategizing around this, especially those who, like me, are aiming for steady preservation rather than aggressive gains.