All That Glitters: Should You Own Gold and Silver in 2026?

Q1: Should I own gold or silver in my portfolio?
The answer depends entirely on your situation and investment style. Precious metals tend to polarize the investing community. Some view them as the only true store of value. Others, like Warren Buffett, dismiss them: "It doesn't do anything but sit there and look at you." Where we sit? Somewhere in the middle. We believe in being flexible and adapting to the current market environment, regardless of the investment in question. If you're interested in a deeper conversation about whether precious metals fit your specific situation, reach out directly.

Q2: What's driving the current rally in gold and silver?
While we're generally more concerned with what is happening rather than why, three factors appear to be driving precious metals performance:

Central Bank Demand: Global central banks have been accumulating gold over the past four years, possibly to reduce reliance on the US Dollar. This institutional buying creates a strong demand floor.

Dollar Weakness: A declining US Dollar typically benefits gold and silver. Since these metals are priced in dollars, a weaker dollar results in a higher price per ounce, all else being equal.

Momentum: When investments rise, they attract more buyers hoping to capitalize on the trend. This creates a self-reinforcing cycle that can continue until something breaks it.

Q3: How long can this precious metals rally last?
Possibly longer than you think. When comparing the current bull market to the prior two major precious metals rallies, both lasted years longer than where we are today. Of course, nothing is guaranteed in investing, but trends can persist longer than most expect. Momentum, once established, often has staying power.

Q4: Isn't gold just a "barbaric relic" that doesn't produce anything?
That's a fair criticism from the Buffett camp. Gold and silver don't generate earnings, pay dividends, or produce cash flow. They just sit there. But that's also the point. In times of currency uncertainty, inflation concerns, or geopolitical stress, precious metals have historically served as a store of value uncorrelated with traditional financial assets. Whether that role deserves a place in your portfolio depends on your goals and what you're trying to protect against.

Q5: What's the bottom line on precious metals?
We don't have a blanket recommendation for or against gold and silver. What we believe in is flexibility—adapting to the current market environment rather than being rigidly for or against any asset class. Precious metals have had a strong run, and momentum may continue. But any investment decision should flow from your personal situation, risk tolerance, and overall financial plan. If you're curious whether precious metals make sense for you, let's talk through your specific circumstances.