Fed held rates steady - what's everyone thinking for gold/silver?

Patricia Miller

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Fed held rates steady - what's everyone thinking for gold/silver?

patricia_miller📊Growing (50-100k)

about 10 hours ago

Key Takeaways

•Okay, so another Fed meeting, another pause on the rate hikes.
•I started moving about $75k into physical gold and silver last spring, feeling pretty good about diversifying away from just stocks.
•My main biz (custom woodwork) has been steady, but inflation still feels like it's eating into everything.

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Okay, so another Fed meeting, another pause on the rate hikes. I've only been seriously looking at my Gold IRA for a little over a year now, and honestly, the whole hawkish/dovish rollercoaster is still a lot to decipher. I started moving about $75k into physical gold and silver last spring, feeling pretty good about diversifying away from just stocks. My main biz (custom woodwork) has been steady, but inflation still feels like it's eating into everything.

I know the general wisdom is that when rates go up, gold tends to struggle because bonds offer better returns, and when rates go down (or pause, like now), gold shines. But with everything going on in the world, it feels like there are so many countervailing forces. I'm sitting here in Denver wondering if this holding pattern is actually good for my portfolio, or if we're just kicking the can down the road before a potential drop, or even worse, another surge in inflation that they can't control. My initial thought was to use gold as a hedge against all that uncertainty, but now I'm second-guessing if I should be doing more.

Anyone else feeling like this pause is a bit of a mixed signal? Are you making any adjustments to your Gold IRA allocations based on this news? I'm trying to learn as much as possible, and honestly, I probably should have done a bit more research when I first started. I actually just stumbled upon the Gold IRA Quiz – seems like a solid tool for someone like me who's pretty new to the specifics of precious metals IRAs. Thinking of taking it this weekend to see what else I'm missing. Any insights or what you're seeing in your own portfolios would be great!

3 comments

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Best Answer▲ 6 upvotes

kenneth_parker💎Premium (500k-1m)

Interesting. So you moved $75k into physical gold and silver last spring, which was right around when things were getting pretty volatile. Did you do that all at once, or was it a gradual process over a few weeks/months?

Comments (3)

michelle_collins🏆Advanced (250-500k)Real Investor•less than a minute ago

Yeah, I feel you on the rollercoaster, haha. I started my Gold IRA around the same time, maybe a month or two after you. I was a bit nervous when they started hinting at pauses, thinking it might deflate things, but honestly, my portfolio has been doing pretty well despite the sideways action. I’m just trying to stay the course and not overthink it too much right now.

kenneth_parker💎Premium (500k-1m)Real Investor✓ Verified•less than a minute ago

jason_morgan💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

While the Fed holding steady can be seen as a positive for precious metals, I'm not so sure it's a clear-cut win anymore. We've seen gold perform pretty well even with rate hikes in the past, and sometimes a pause just means they're waiting for more data, not that they're suddenly dovish.

I think the bigger picture of global instability and inflation expectations might be more impactful than the immediate rate decision at this point. Just my two cents, but the game seems to have changed a bit.

Your purchasing power dropped 25% since 2020

Gold outpaced inflation every decade for 50 years. See what it could do for your IRA.

Under $100k? Compare options →