Fed's Rate Hike & My Silver Holdings - What are you all thinking?

• •Well, another rate hike from the Fed.
• •Not entirely unexpected, but still, always makes me review the landscape.
• •I've been in silver for a while now, along with a significant chunk of gold in my IRA.

Well, another rate hike from the Fed. Not entirely unexpected, but still, always makes me review the landscape. I've been in silver for a while now, along with a significant chunk of gold in my IRA. Seeing the impact these decisions have on the broader market always brings me back to the stability that precious metals offer, especially physical assets. I remember navigating similar choppy waters during my time with the Navy, though the stakes felt a bit different then!

My overall portfolio is sitting north of $2 million, mostly in my retirement accounts, with a good 15% of that allocated to physical gold and silver that I've been steadily accumulating over the past decade. Watching the spot price dance around after these announcements can be a bit nerve-wracking, even for someone who's seen their share of high-pressure situations. I’m based here in Virginia Beach, and I often ponder if the sentiment around PMs is different on the coasts compared to inland. Are folks here as keen on diversifying into physical assets given our close proximity to military installations and government defense contracts?

I feel pretty good about my position, especially with inflation still lingering. It’s that long-term hedge that I really value. But I'm curious what others are thinking with this latest rate hike. Are you rebalancing at all? Are you taking advantage of any dips, or are you holding tight like me? What are your silver plays, especially anyone here who focuses heavily on it?