Fed rates and my Gold IRA - should I be worried?

• •The Fed just holding rates steady again has me feeling a bit antsy, to be honest.
• •We’re talking about generational wealth here, not just making a quick buck, so every little twitch in the market feels amplified.
• •My granddad built his fortune in timber – lots of tangible assets, long-term growth.

The Fed just holding rates steady again has me feeling a bit antsy, to be honest. I’ve got about $380k in my Gold IRA right now, and while I’ve always seen it as the ultimate long-term play, especially coming from a family where wealth preservation is practically a religion, these continuous rate decisions always make me second-guess things in the short term. We’re talking about generational wealth here, not just making a quick buck, so every little twitch in the market feels amplified.

My granddad built his fortune in timber – lots of tangible assets, long-term growth. That’s the mindset I grew up with, and it’s why physical gold resonated so much when I started seriously diversifying my own portfolio a few years back. Living here in Spokane, you see the value of real assets every day. But with inflation still being a sticky wicket and interest rates staying where they are, does it just mean the dollar keeps getting eroded and gold, by extension, just maintains its purchasing power rather than truly growing? My main goal is to protect against that long-term erosion, but I also want to make sure I’m not missing out on opportunities.

I know the prevailing wisdom is that gold shines when interest rates are low and inflation is high, but with the Fed basically in a holding pattern, what's the smarter play for someone like me focused on the 20, 30, 40-year horizon? Are you guys rebalancing your allocations at all, or just sticking to your guns, viewing gold as the ultimate hedge regardless of what Powell says this quarter? Any insights from other folks with a similar long-term view would be hugely appreciated.