Fed just hiked rates again - my gold IRA feels like a bunker right now. Anyone else?

• •Another 25bps hike from the Fed today, like clockwork.
• •Honestly, with everything going on economically, it just reinforces why I went all-in on a gold IRA a couple of years back.
• •I rolled over a big chunk from an old 401k and then added some fresh capital from a good year or two of business growth.

Another 25bps hike from the Fed today, like clockwork. Honestly, with everything going on economically, it just reinforces why I went all-in on a gold IRA a couple of years back. I’ve got about $380k of my retirement savings wrapped up in physical precious metals, mostly audited and vaulted here in Chicago, and I swear, every time Powell opens his mouth these days, I feel a little more smug about that decision. My construction business has been doing okay, but between materials costs jumping around, labor being tight, and borrowing getting more expensive, I just don't trust keeping a huge chunk in the traditional market anymore.

I rolled over a big chunk from an old 401k and then added some fresh capital from a good year or two of business growth. My financial advisor initially scratched his head a bit, but even he's starting to concede that having tangible assets that aren't tied directly to the stock market's daily rollercoaster is a solid play right now. I just see gold as the ultimate insurance policy. When rates go up, the dollar strengthens, which theoretically makes gold less attractive, but I’m looking at the bigger picture here – inflation, geopolitical uncertainty… it’s a hedge, plain and simple.

It's not about huge gains for me right now; it’s about capital preservation. My dad always said, "Buy dirt, son," and while gold isn't dirt, it's pretty darn close in terms of being a tangible, finite asset that you can hold. Plus, the whole storage situation here in the city is pretty convenient for peace of mind.

Anyone else feeling validated by these rate hikes? Or am I just preaching to the choir here? Would love to hear if others are thinking of adding more to their precious metals allocations given the current climate, especially with more rate hikes potentially on the horizon.