Fed rate decision and my portfolio - feeling the squeeze a bit

Joshua Phillips

Back to forum

✨ Precious Metals

Fed rate decision and my portfolio - feeling the squeeze a bit

joshua_phillips🏆Advanced (250-500k)

about 4 hours ago

Key Takeaways

•Okay, so another FOMC meeting, another rate hike.
•I know this was priced in, but man, it still stings a little to see that immediate pullback in gold and silver.
•I’ve got a good chunk of my retirement in a Gold IRA – thinking around $300k of my $450k total portfolio is in physical for the long haul.

Get the free Gold IRA guide

Okay, so another FOMC meeting, another rate hike. I know this was priced in, but man, it still stings a little to see that immediate pullback in gold and silver. I’ve got a good chunk of my retirement in a Gold IRA – thinking around $300k of my $450k total portfolio is in physical for the long haul. Been in commodities my whole career, pretty much always believed gold was the ultimate safe haven, especially with all the printing we’ve seen over the last few years.

My old man always said, "Son, you can't print steel, and you can't print gold." He’d know, spent 40 years in the mills here in Birmingham. I've always followed that wisdom. But these aggressive hikes… I'm watching my purchasing power take a hit in other areas, and even though I know the value of holding real assets, it makes you wonder if I should have diversified more into something interest-bearing in short-term. I guess it just means the yellow metal is cheaper for the next accumulation phase, right?

The logical side of me says this is temporary. Once inflation really bites, or they ease up on rates (which they'll have to eventually, won't they?), gold should rocket. But the emotional side, seeing the dips… it's a gut check. Anyone else feeling that pull between staying the course with their precious metals bets and the nagging thought of short-term opportunities being missed elsewhere? What’s everyone’s read on when we might see a pivot, or at least a plateau in these rate hikes?

3 comments

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

Under $100k? Compare options →

75 people viewed this today9 members requested a free kit this week14 investors bookmarked this

Best Answer▲ 8 upvotes

matthew_murphy👑Elite (1m-5m)

Yeah, that immediate dip always sucks, even when you know it's coming. Totally get that feeling.

Just curious, when you say "$300k of my $450k total portfolio is in physical for the long haul," are you talking strictly physical gold and silver in the IRA, or does that include any mining stocks as well?

Comments (3)

mark_adams👑Elite (1m-5m)Real Investor•less than a minute ago

Totally feel this. Similar boat here, though not quite *that* much in gold, you're a legend for that commitment! I remember one hike a while back, actually had a mini panic attack checking my balance. It's tough seeing those immediate dips even when you know it's a long-term play. Just gotta stomach it, I guess. We'll get through it!

matthew_murphy👑Elite (1m-5m)Real Investor•less than a minute ago

Yeah, that immediate dip always sucks, even when you know it's coming. Totally get that feeling.

karen_robinson💼Starter (0-50k)•less than a minute ago

I hear you on the immediate sting, but honestly, "pullback" feels a bit strong for what we've seen today. Gold's been remarkably resilient through this rate hike cycle compared to other assets. If anything, it's just shaking out the weak hands. For a long-term play like a Gold IRA, a bit of volatility on Fed days is just noise, not a sign of fundamental weakness. Perspective is everything.

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →