Fed rate decision and my portfolio - feeling the pull towards more gold

• •Another day, another Fed announcement, and honestly, I'm feeling that familiar itch to re-evaluate my holdings.
• •Been retired for a good few years now, after teaching down here in Phoenix for over thirty.
• •That's when I rolled over a chunk of my old 403(b) into a Gold IRA.

Another day, another Fed announcement, and honestly, I'm feeling that familiar itch to re-evaluate my holdings. Been retired for a good few years now, after teaching down here in Phoenix for over thirty. I started really looking into gold after '08, saw my pension take a pretty big hit then, and decided I needed something outside the traditional market. That's when I rolled over a chunk of my old 403(b) into a Gold IRA. I’ve currently got about $180k in there, with another $50k or so in some other diversified assets.

Every time the Fed talks about rates, whether they're hiking, holding, or even hinting at cuts, it just makes me think about inflation again. Higher rates should make the dollar stronger, making gold less attractive, but then there's the whole uncertainty factor. And let's be real, the dollar's purchasing power just keeps eroding over time. My initial goal was really about wealth preservation, and gold has done that for me pretty steadily over the last decade, especially compared to some of the wild swings I've seen in stocks.

I'm seriously considering adding another $10-15k from my cash savings, maybe converting some of my silver (which I also hold a bit of) into more gold. The stability is just so appealing right now. What are others thinking after today's Fed announcement? Is anyone else feeling a stronger pull towards precious metals as a hedge, or are most people leaning into other assets?

Oh, and for any newbies out there curious about this stuff, I remember feeling pretty overwhelmed when I first started. I actually found a pretty helpful resource early on that breaks down a lot of the basics. If you're wondering if a Gold IRA is even right for you, there's a free Gold IRA Quiz that I found useful to get started. It asks some basic questions about your situation and gives you an idea of whether it might be a good fit. Might be worth checking out if you're on the fence.