Silver & My Portfolio - Is Industrial Demand Enough?

• •Been tracking silver pretty closely these past few months, especially with all the talk about industrial demand.
• •As a Savannah business owner (tourism, so I've seen my share of economic ups and downs), I'm always looking for ways to hedge and diversify.
• •The question I keep asking myself is, with all the green tech, EVs, solar panels, etc.

Been tracking silver pretty closely these past few months, especially with all the talk about industrial demand. As a Savannah business owner (tourism, so I've seen my share of economic ups and downs), I'm always looking for ways to hedge and diversify. I've got a good chunk of my retirement savings, probably around $180k, securely in a Gold IRA, but I've also got some physical silver and a smaller silver IRA that I opened a few years back when it was looking real promising. The question I keep asking myself is, with all the green tech, EVs, solar panels, etc. being built, shouldn't silver be absolutely skyrocketing? Or am I missing something?

I mean, everything I read points to a massive increase in demand for silver in these new technologies. It's not just jewelry anymore, which feels a bit more volatile. This industrial usage seems like a fundamental shift, unlike gold which is more about store of value and geopolitical uncertainties, though that's obviously critical too. It feels like the market isn't fully pricing in this demand yet, or there's some kind of lag. Are the big players still dumping, or is there just so much above-ground supply that it's keeping prices down? What are your thoughts on this – is industrial demand truly the silver bullet (pun intended) for silver prices, or are there other factors keeping it subdued?

I'm trying to figure out if I should be adding more to my silver holdings, or just stick to my current allocation and focus on other areas. My Gold IRA is set for the long haul, but I want to make sure my silver is pulling its weight. Speaking of long haul, thinking about future RMDs and trying to plan ahead. I found this RMD Calculator online that's been helpful for estimating what I'll need to pull out later on. It’s a good tool for anyone trying to map out their retirement withdrawals and keep more of their money working for them.

So, to reiterate: for those of you with silver in your portfolios, how much weight are you giving to the industrial demand narrative? Are you bullish because of it, or do you think other factors will always keep its price somewhat constrained? Would love to hear some diverse opinions here, especially from anyone who's been in this game longer than my decade or so.