Silver vs. Gold in a $5M+ portfolio - how are you guys balancing it?

• •Currently sitting on about a 70/30 split gold to silver in my physical holdings, totaling roughly 8% of my total portfolio.
• •I’ve been building this up for the last decade, ever since the ’08 crash made me seriously rethink being 100% in real estate and stocks.
• •I'm talking actual bars and coins, not paper ETFs.

Currently sitting on about a 70/30 split gold to silver in my physical holdings, totaling roughly 8% of my total portfolio. I’ve been building this up for the last decade, ever since the ’08 crash made me seriously rethink being 100% in real estate and stocks. Don't get me wrong, real estate has been very good to me, especially here in Aspen, but having that tangible asset outside of the financial system just hits different. I'm talking actual bars and coins, not paper ETFs.

My thinking has always been that gold is the ultimate insurance policy, the long-term store of value. Silver, on the other hand, gives me a bit more upside potential with its industrial demand, plus it’s more accessible for smaller transactions if things ever really go sideways. I remember scooping up some monster boxes of Silver Eagles back in 2010 when the price was still relatively low. That felt like printing money for a while there. But now, with gold pushing toward new highs and silver lagging a bit, I’m starting to question that 70/30.

For those of you with similar portfolio sizes and long-term views, how are you thinking about your gold/silver allocation right now? Are any of you pushing for a higher silver percentage, or are you sticking with a gold-heavy approach? I’ve seen some arguments for going even heavier on silver, like a 50/50 or even 40/60 gold to silver, given the gold-to-silver ratio. My gut says to hold steady, maybe even slightly trim some silver on spikes to rebalance towards gold, but I'm curious what others are seeing in their models and gut feelings.