Industrial Silver Demand - How much does it REALLY impact my IRA?

• •What I'm struggling with is quantifying how much this industrial use actually pushes the price needle compared to its monetary safe-haven status.
• •I'm based in Atlanta, and I see all these factories and tech companies, which makes me think about this a lot.
• •I bought into silver partly for the "precious metal" aspect, not just because it's used in circuit boards.

Hey everyone, I've been diving pretty deep into the silver component of my Gold IRA lately, specifically trying to wrap my head around this "industrial demand" angle. As an accountant, I understand the principle of supply and demand for pretty much everything, but silver feels a bit unique because it's not just a monetary metal. I've got about 25% of my 200k IRA portfolio in physical silver, largely because of the diversification it offers from gold and the upside potential many talk about, especially with solar and EV growth.

What I'm struggling with is quantifying how much this industrial use actually pushes the price needle compared to its monetary safe-haven status. I mean, sure, industrial demand is growing, but is it enough to really drive a significant chunk of a 10-year price appreciation, or is it more of a floor that prevents major crashes? When I look at tools like the Silver vs Stocks comparison, it really highlights how silver performs against traditional assets over different timelines, but it doesn't break down the 'why' behind silver's movements into different demand categories. I'm based in Atlanta, and I see all these factories and tech companies, which makes me think about this a lot.

My concern is that if industrial demand is the main lever, then silver's price could be much more volatile and tied to economic cycles than I initially believed, potentially undermining its role as a stable inflation hedge. I bought into silver partly for the "precious metal" aspect, not just because it's used in circuit boards. I'm trying to figure out if I should be re-evaluating my allocation or just riding it out. Do any of you seasoned investors have a good rule of thumb or a way to think about the proportional impact of industrial demand versus investment demand?

Seriously, how much weight do you all give to industrial demand when you're making your silver IRA decisions? Are there specific indicators you watch beyond general economic output? Is it a rising tide that lifts all boats, or is it more nuanced than that for silver in an IRA context?