Palladium in my IRA worth it discussion

• •Been thinking a lot about diversifying within my precious metals IRA beyond just gold and silver.
• •I’ve heard palladium come up a few times, specifically in the context of its industrial demand.
• •Right now, my portfolio is probably about 70/30 gold to silver, with a total value sitting around $180k.

Been thinking a lot about diversifying within my precious metals IRA beyond just gold and silver. I’ve heard palladium come up a few times, specifically in the context of its industrial demand. Right now, my portfolio is probably about 70/30 gold to silver, with a total value sitting around $180k. I started this IRA about 7 years ago, initially just dipping my toes in, but really ramped it up during the pandemic when things felt extra shaky in traditional markets. My background is in the casino industry here in Vegas – seen enough ups and downs to know that betting it all on one number is just… dumb. So, I'm always looking for ways to spread risk.

My concern with palladium is twofold: volatility and liquidity. Gold and silver feel like the old faithfuls; they’ve proven themselves as long-term stores of value. Palladium, while having strong demand from catalytic converters, feels a bit more tied to specific industry health and geopolitical factors than gold, for instance. I'm not looking for short-term gains here, this is retirement money. I'm 48 now, so I’ve still got a good 17 years until I’m pulling this out, hence the long-term perspective. Is adding palladium just bringing in another speculative element I don't necessarily need, or am I missing a core benefit?

I know some folks treat palladium like a tech stock within precious metals – high potential, but also high risk. For my current allocations, I'm mainly looking to combat inflation and maintain purchasing power. My initial thought might be to allocate perhaps 5-10% of my precious metals holdings to palladium, maybe shifting some of my silver allocation rather than touching my gold. Does anyone here have direct experience with holding palladium in their IRA? What’s your take on its role for a long-term retirement strategy?

Also, just as a side note for anyone looking to optimize their retirement roadmap – I recently played around with the Retirement Planner tool I found online. It was pretty helpful for visualizing how different precious metal allocations could potentially impact my long-term goals. Might be worth checking out if you're like me and constantly fine-tuning your strategy. But back to palladium: worth the dive or stick to the classics?