Fed hikes got me re-evaluating my metals, especially platinum

• •The Fed’s been playing hardball with these interest rate hikes, and honestly, it’s got me looking at my portfolio a bit differently.
• •I’ve had about $75k-ish in a mix of gold and platinum through my Gold IRA for a while now – since about 2019.
• •Coming from an agriculture background here in Fresno, I’ve always been a big believer in tangible assets, things you can hold and see.

The Fed’s been playing hardball with these interest rate hikes, and honestly, it’s got me looking at my portfolio a bit differently. I’ve had about $75k-ish in a mix of gold and platinum through my Gold IRA for a while now – since about 2019. Coming from an agriculture background here in Fresno, I’ve always been a big believer in tangible assets, things you can hold and see. Paper money just doesn’t give me the same peace of mind, especially when the government seems to be printing it like there’s no tomorrow. Anyway, it’s mainly gold, but I've got a decent chunk in platinum too, thinking it was a good diversification play given its industrial uses.

My thinking was always that during inflation, real assets like precious metals would shine. And for a while, gold did pretty well for me. But these aggressive rate increases by the Fed, man, it feels like they’re trying to suck all the air out of the room. It’s supposed to cool inflation, but it also makes hold-to-maturity bonds look more attractive, which historically puts a bit of a damper on gold’s appeal, right? I'm not looking to dump everything, but I'm definitely feeling a little anxious about how long this economic tightening is going to last and what that means for my platinum especially.

I know platinum has its own unique market drivers, like industrial demand for things like catalytic converters. But if the economy slows down significantly because of these rate hikes, won't that hit industrial demand hard? And if that happens, what’s the floor for platinum? Gold at least has that universal safe-haven appeal, but platinum feels a bit more tied to economic activity in a way that’s making me squirm a bit right now. Anyone else feeling this way about their platinum or even their gold holdings with all the Fed action?

I'm trying to educate myself more on the intricacies of how these Fed decisions directly impact the various metals beyond just the intuitive reactions. I even stumbled across this Gold IRA Quiz website the other day which was pretty helpful for learning some basics about setting up and managing these accounts. But for the specifics of market reaction to Fed policy, I’d love to hear some more experienced perspectives. Am I overthinking this, or is a tactical re-evaluation warranted?