Inflation fears and my Gold IRA - anyone else seeing this market shift?

• •I've been keeping a close eye on the news lately, especially with all the talk about inflation.
• •It feels like every time I open an article, there's another economist or financial guru warning about it.
• •They're all pretty savvy, and enough of them mentioned precious metals that it got me thinking.

I've been keeping a close eye on the news lately, especially with all the talk about inflation. It feels like every time I open an article, there's another economist or financial guru warning about it. My portfolio is mostly in a Gold IRA, which I started building up a few years ago after listening to some of the VPs at the oil company I work for here in Tulsa talk about hedging against economic instability. They're all pretty savvy, and enough of them mentioned precious metals that it got me thinking.

I remember when I first started, my total portfolio was maybe $100,000, and now it's thankfully grown closer to $250,000. A good chunk of that was definitely the push from seeing how things were going globally. But with these renewed inflation fears, I'm genuinely curious – are other Gold IRA investors out there seeing a similar surge in demand or feeling more confident about their positions? I've seen some of the spot prices lately and they've been pretty steady, even ticking up a bit.

It just makes me wonder if this is the kind of environment where gold really shines, like the old timers always say. I’m thinking about potentially adding a bit more, maybe another $10k or $15k, if these inflation warnings get any louder. My concern, though, is if I'm just getting swept up in the hype.

Has anyone else here made moves recently or are considering it because of the inflation outlook? What are your thoughts on gold's long-term prospects given what the Fed is saying (or not saying) about rates? Always looking to hear different perspectives from other folks who've been around the block with this asset class.