Silver IRA and the Fed - feeling a bit exposed after today

• •Okay, so the Fed just held rates steady, which honestly, I kinda expected.
• •But hearing Powell talk, it still makes me a little antsy about the future.
• •I dipped my toes into a Silver IRA late last year, putting about $60k of my retirement savings into it, and I'm based here in Denver.

Okay, so the Fed just held rates steady, which honestly, I kinda expected. But hearing Powell talk, it still makes me a little antsy about the future. I dipped my toes into a Silver IRA late last year, putting about $60k of my retirement savings into it, and I'm based here in Denver. My main motivation was really just trying to get some diversification away from the stock market roller coaster. As a small business owner, I already have enough volatility in my life!

I feel like the general consensus among the people I talked to when setting it up was that silver tends to do well when there's economic uncertainty and inflation fears. The last few months have felt exactly like that, but my silver's been... well, it's been okay, not exactly shooting for the moon. I keep seeing articles about silver's industrial demand which is good, but also how it moves more with gold. Given the Fed's stance, are we looking at a sustained period of higher rates? If so, what does that typically mean for silver?

I'm trying to figure out if holding steady is the smart play here, or if I should be thinking about rebalancing a bit. This is still pretty new territory for me, and while $60k isn't my entire life savings, it's a significant chunk of my retirement nest egg. Anyone else in a similar boat with their Silver IRA feeling the jitters after today's announcement? What are your thoughts on silver's prospects in this kind of interest rate environment?