Fed policy got me thinking about my gold stash... anyone else concerned?

• •Watching the Fed announcements lately has me seriously considering my allocation, especially with the gold rounds I've been stacking.
• •I started seriously diversifying into gold back in '08 when things looked shaky, and it's paid off beautifully over the long haul.
• •Are we looking at a sustained rally or is there a bigger correction coming?

Watching the Fed announcements lately has me seriously considering my allocation, especially with the gold rounds I've been stacking. My portfolio's north of $5M, and a good chunk of that is in physical precious metals – been building this out for years, long before all the recent inflation scares. I started seriously diversifying into gold back in '08 when things looked shaky, and it's paid off beautifully over the long haul. My primary concern right now is how the Fed's dance with interest rates and quantitative tightening is going to ripple through the market and affect gold's stability and growth. Are we looking at a sustained rally or is there a bigger correction coming?

I usually lean into gold as a hedge against inflation and market volatility, and living here in Scottsdale, I've seen firsthand how quickly economic sentiment can shift even in supposedly stable environments. I've got a decent mix of eagles, buffalos, and some really nice private mint rounds, all acquired at various price points. Historically, tighter monetary policy tends to be a headwind for gold, but with the level of global uncertainty and potential for a recession, I just can't see the usual rules applying in the same way. It feels different this time, doesn't it?

I've been an entrepreneur for decades, so I'm used to making calculated risks, but when it comes to preserving wealth rather than building it, my strategy tightens up. My concern isn't about short-term dips; I'm looking at the long game, 5-10 years out. I'm thinking about increasing my physical holdings even further if we get a decent pullback, but I'm hesitant to pull that trigger too quickly given the Fed's unpredictable moves. What are others thinking? Are you holding steady, liquidating, or doubling down on physical gold and silver right now?

What are your projections for gold's performance given the Fed's current trajectory? Specifically for those with significant physical holdings, are you making any adjustments to your strategy based on the recent policy shifts? I'm curious if anyone anticipates a major impact on premiums for rounds, which have been all over the place since COVID hit. Always open to hearing different perspectives on this.