Been leaning on gold to weather this coming storm, anyone else?

• •I’ve been in the oil game for over 25 years here in Dallas, and I’ve seen enough ups and downs to know when things are getting squirrely.
• •My gold position, which is probably around 15-20% of my total 750k portfolio, has felt like such a rock during all this economic uncertainty.
• •I started investing in gold about 15 years ago, and it’s been a slow and steady climb, but it really shines when the market gets choppy.

Honestly, with all the talk of recession finally hitting us hard, I’ve been feeling a lot better these past few months knowing a good chunk of my portfolio is sitting in physical gold. I’ve been in the oil game for over 25 years here in Dallas, and I’ve seen enough ups and downs to know when things are getting squirrely. My gold position, which is probably around 15-20% of my total 750k portfolio, has felt like such a rock during all this economic uncertainty. I started investing in gold about 15 years ago, and it’s been a slow and steady climb, but it really shines when the market gets choppy.

I remember back in '08, watching friends lose half their 401ks, and thinking about how much I wished I'd had more outside of traditional investments. That’s probably when I really doubled down on gold as a hedge. The thought of losing a significant portion of my retirement savings just because some suits in New York made bad decisions really bothers me. Call me old-fashioned, but I like holding something tangible, something that’s been valued for thousands of years. It’s comforting to know that even if the dollar takes a big hit, my gold holdings will likely hold their value, or even increase. It's not about getting rich quick, it's about preservation.

I’ve been thinking about perhaps adding a bit more silver to the mix, maybe another 5% or so, just to diversify that precious metal exposure even further. My current allocation is heavily favored towards gold, but silver has its own industrial appeal that could really see it pop if manufacturing picks up after the initial recession dip. For those of you who've been through a few recessions with precious metals in your portfolio, what’s your experience been like? Did you find yourself more insulated than your peers? What’s your current outlook for the next 12-18 months?