Fed rate decision and my portfolio - Thinking about diversifying with silver now?

• •Okay, so the Fed decision came down, pretty much what everyone expected, right?
• •No surprises, but it definitely confirmed what I've been feeling about the market lately.
• •My portfolio, currently sitting around the $180k mark, is heavily weighted in gold through my Gold IRA, which has been performing pretty solidly.

Okay, so the Fed decision came down, pretty much what everyone expected, right? No surprises, but it definitely confirmed what I've been feeling about the market lately. My portfolio, currently sitting around the $180k mark, is heavily weighted in gold through my Gold IRA, which has been performing pretty solidly. I've been in the casino industry here in Vegas for decades, so I'm no stranger to calculated risks and understanding when to hedge your bets. Seeing the writing on the wall with inflation and just the general instability, my gold holdings have been a good buffer.

However, with the way things are shaping up, I'm starting to seriously consider adding silver to the mix. Historically, silver has had a strong correlation with gold, but it also has that industrial demand component which could be a kicker if manufacturing picks up or supply chains continue to be wacky. I’m thinking about allocating another $20k-$30k, potentially moving some funds from less exciting sectors or even taking a smaller chunk from my current gold position if the timing feels right. I'm just wondering if now is the moment to pull the trigger on something like a Silver IRA, or perhaps just buying some physical.

My concern is always about timing – is silver still undervalued relative to gold, or are we past a decent entry point? I've seen enough cycles come and go to know that chasing the dragon is usually a losing game. I want to make sure I'm locking in value, not just buying into hype. Any other Vegas folks or long-time investors here who've navigated adding silver to a predominantly gold portfolio, especially in this current economic climate? What were your considerations?

I'm talking about long-term stability and growth, not some quick flip. With the dollar potentially weakening further down the line and these interest rate hikes doing their thing, I just want to ensure my retirement nest egg is as shielded as possible. Any thoughts on reputable dealers for a Silver IRA, or particular types of silver to focus on like coins vs. bars?