Palladium in the IRA - is it a smart move right now?

• •Okay, so I've been debating this for a while and honestly, the recent dips in palladium have me wondering if it’s time to finally pull the trigger.
• •My Gold IRA's doing well, mostly in physical gold and a bit of silver, but I’m looking at diversifying further within the metals space.
• •When I sold my tech startup back in '21, a good chunk of that capital went straight into precious metals for retirement security.

Okay, so I've been debating this for a while and honestly, the recent dips in palladium have me wondering if it’s time to finally pull the trigger. My Gold IRA's doing well, mostly in physical gold and a bit of silver, but I’m looking at diversifying further within the metals space. When I sold my tech startup back in '21, a good chunk of that capital went straight into precious metals for retirement security. We're talking a significant sum, well into the seven figures, and I'm based here in Dublin, OH. I’ve always been a fan of tangible assets, which is why the Gold IRA appealed to me so much.

I know palladium has had a wild ride. It rocketed up, and now it's come crashing back down. Part of me sees that as a massive opportunity – buy low, right? But another part of me, the one that saw the dot-com bubble burst back in the day, is wary of catching a falling knife. I’m thinking about allocating maybe 5-10% of my current metals portfolio to palladium, which would be a pretty substantial figure in actual dollars. My financial advisor is a bit neutral on it, saying it’s a more volatile play than gold or silver, which I already know. But diversification isn’t just about spreading risk; it’s also about capturing different growth engines.

My main concern is the long-term outlook. With the push towards EVs, what does the future hold for catalytic converters and therefore palladium demand? Some analysts are bullish, suggesting new industrial uses or a slower EV transition than predicted; others are predicting a continued decline. I'm not looking for a get-rich-quick scheme here, but I also don't want to lock up a chunk of my retirement funds in something that's on a steady downward trend for the next decade. Has anyone here actually added palladium to their IRA lately? Or sold some? What are your thoughts on its place in a diversified precious metals portfolio, especially for someone who's already got a good base in gold and silver?

Thoughts? Opinions? Specific research you've looked at? Would love to hear from folks who've gone through this decision-making process.