Anyone else worried about industrial demand affecting silver prices?

• •I've been thinking a lot about silver lately, and specifically how much of its demand comes from industry.
• •My husband and I started putting about 15% of our retirement savings into a Gold IRA a few years back, and a decent chunk of that is in silver.
• •We've got just under $70k invested in metals right now, mostly gold, but we added some silver earlier this year when it dipped.

I've been thinking a lot about silver lately, and specifically how much of its demand comes from industry. My husband and I started putting about 15% of our retirement savings into a Gold IRA a few years back, and a decent chunk of that is in silver. We've got just under $70k invested in metals right now, mostly gold, but we added some silver earlier this year when it dipped. As a farmer's wife, I just really believe in tangible assets, something you can hold and see. None of that fancy digital stuff for me!

My concern is this: with all the talk about a potential recession and slowdown, won't industrial demand for silver take a hit? Things like solar panels, electronics, even medical equipment – that all uses silver. If factories slow down or consumers tighten their belts on new gadgets, it seems like that could really drag down silver prices. I know silver has investment demand too, but it feels like the industrial side is a unique vulnerability compared to gold, which is mostly jewelry and investment.

We're in Kansas City, and things feel a little uncertain with the economy here. We've got some good local businesses, but I see more "for sale" signs than I used to. It just makes me wonder if I should be adjusting my allocation in our Gold IRA to lean more heavily into gold right now, or if I'm overthinking it. Has anyone else considered this? What are your thoughts on how a potential economic slowdown impacts silver specifically?

Are there any counterarguments to my worry? Maybe industrial demand is more resilient than I think, or perhaps the investment demand would pick up enough to offset any industrial dip? I'd love to hear how other folks with a similar mindset are approaching their silver holdings. It’s hard to predict these things, but I like to be prepared.