Where Will Gold & Silver Peak in 2026?

20 Jan 2026 · 14 min · 6 chapters

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Earn Your Leisure Podcast: Episode Summary

Podcast Title: Earn Your Leisure Episode Title: Where Will Gold & Silver Peak in 2026? Hosts: Rashad Bilal, Ian Dunlap, Troy Millings Episode Description: Analysis of gold, silver, and precious metals outlook for 2026, exploring economic conditions and investment strategies.

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Key Themes and Topics

  1. Current Gold and Silver Trends
  2. Gold and silver have reached historic highs recently.
  3. Forecasts predict:
  4. Gold could peak at $5,480 per ounce in a worst-case scenario.
  5. Silver may rise to as high as $153 or even $1,054.
  1. Economic Factors Influencing Prices
  2. Several economic uncertainties are driving the demand for precious metals:
  3. Economic Instability: Historical context includes pre-COVID trends and crises like the European debt crisis and the 2008 financial crash.
  4. Geopolitical Tensions: Ongoing global conflicts and leadership uncertainties contribute to market volatility.
  5. U.S. National Debt: The rapid growth of national debt is impacting the value of the U.S. dollar, encouraging investments in gold and silver as safer assets.
  1. Predictions from Analysts
  2. Major banks such as J.P. Morgan and HSBC project gold could reach $5,000 an ounce by Q4 of 2026.
  3. Analyst consensus suggests an average price of $4,800 per ounce based on evaluations from multiple firms.
  1. Investor Behavior
  2. Investors are shifting towards safer assets due to a perceived lack of confidence in traditional financial systems and leadership.
  3. Commodities are thriving in times of uncertainty, with discussions about Bitcoin and its potential as a store of value.
  1. The Broader Economic Perspective
  2. Analysis of corporate profits shows consolidation among major companies, with few outperforming the S&P 500.
  3. The hosts caution against the narrative that the economy is thriving, indicating discrepancies between market performance and broader economic health.
  1. Future Considerations
  2. Potential discussions on investing in platinum, copper, and rare earth elements are anticipated in future episodes.

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Key Takeaways

  • Understanding Economic Indicators: The discussion emphasizes the importance of monitoring macroeconomic indicators and political events when investing in precious metals.
  • Investment Strategies: The episode encourages listeners to consider gold and silver as part of a diversified investment strategy, especially during turbulent economic times.
  • Awareness of Misleading Narratives: The hosts urge caution against overly optimistic views of the economy, advocating for a more nuanced understanding of market conditions.

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Conclusion

This episode of the Earn Your Leisure podcast provides a comprehensive analysis of the factors influencing gold and silver prices as we look towards 2026. It merges economic theory with practical investment advice, highlighting the significance of being informed in a rapidly changing financial landscape. For those interested in wealth preservation and strategic investing, this episode offers critical insights into navigating uncertainties and capitalizing on emerging opportunities.

Subscribe for more insights and strategies on finance and investing!

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Gold and Silver Prices in 2026

3:37 to 5:00

Discussion on the projected peaks for gold and silver prices by 2026.

“Worst case scenario, gold could shoot to$5 ,480 per ounce.”

Economic Conditions Affecting Precious Metals

5:00 to 6:50

Exploring economic factors influencing the value of gold and silver.

“there's a bunch of companies that are amazing that are sitting underneath a 200-day moving average which is not a good sign.”

Historical Context of Silver Prices

6:50 to 10:00

Reflecting on past silver prices and their implications for the future.

“When you look at your car, you're going to become overwhelmed with such good feelings.”

Geopolitical Tensions and Economic Predictions

10:00 to 13:20

Analyzing how geopolitical tensions can impact gold and silver prices.

“Have you ever gotten roasted for any of your outfits?”

Final Thoughts on Gold and Silver Trends

13:20 to 14:00

Concluding remarks on the expected trends for gold and silver amidst economic uncertainty.

“Um, the Somali daycare center and, you know, stuff like that.”

Market Analysis: Trends in Gold, Silver, and Bitcoin

14:00 to 18:32

Exploration of current trends in precious metals and Bitcoin amidst economic uncertainties.

“and they poured billions of dollars into the repo market to cover the bank being short silver and being down tens of billions of dollars.”
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Transcript

Automatic transcript. May contain errors.

0:00This is an iHeart Podcast. Guaranteed Human.

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1:12What? You probably won't believe it either. Was this before he wrote his stories? It must have been. Okay, I don't think that's true. I'm telling you. The guy was a spy. Listen to The Secret World of Roald Dahl on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. All right, son. Time to put out this campfire. Dad, we learned about this in school. Oh, did you now? Okay. What's first? Smokey Bear said to... First, drown it with a bucket of water. Then stir it with a shovel. Wow. You sound just like him. Then he said... If it's still warm, then do it again. Where can I learn all this?

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4:14Worst case scenario, gold could shoot to$5 ,480 per ounce. And silver, highest case, can get to$153 or$105.47. What would make silver and gold stop running as much? Not having as many economic threats, not having a geopolitical bomb that is waiting on our table not having bad leadership and i don't think those things are going to go away within the next year i don't think he's going to have a change of heart so as a result i think gold and silver will continue to spike as the dollar value is dropping and as it is also reflected in the crypto market and like you talked about there's a bunch of companies that are amazing that are sitting underneath a 200-day moving average which is not a good sign.

5:07I know some of you push back on the comments of the economy being stronger than ever. It's not true. If you just look at spending across the board in budgets for the first quarter and the revisionist history that we're having in some of these reports, things are not going as well as people suspect. So gold and silver should continue to climb for the next year and a half. I think you nailed it. I think the conditions for it to continue to appreciate all there, right? a weaker dollar geopolitical tension and it looks like we're headed into some more uncertainty when it comes to geopolitical tension whether it be greenland greenland's a big one we were on the iran with i mean you just never know it feels like i mean there's so much uncertainty around it and those are the conditions when you see commodities rise and you nailed it right jp morgan like forget what we think this is what the analysts are saying jp morgan has it at 5 000 uh ounce by the q4 of 26.

6:03HSBC has it at 5 ,000. Morgan Stanley has 4 ,800. Average analyst, I did this for about 15 of them. The average price is 4 ,800. So there's still some growth. It's interesting. The last time I was talking about silver, I think, what was this? 2005? We went to watch Robert Kiyosaki speak about silver. We got to give him credit. That 0506 run? I promised you it was$12. and I was just like sitting there for hours. I'm like, yo, this guy's really serious about silver. And here we are at the end of 2025, early 2026 and now silver is right on the cusp of reaching$100 an ounce, which is incredible. It's unprecedented, man.

6:47And I don't think those things change. You said something interesting though about people texting about the economy and it dawned on me the other day that the people who watch us and listen to us, they may feel like the economy is great because we've been put in a few positions that have run right like whether it's the semis or the memory companies and people have done really well with those but overall like even the mac 7 they had a a whole piece in the journal this weekend about how the max there's only two of the mac 7 that outperformed the s &p last year they really have consolidated right whether with microsoft what if mind control is real if you could control the behavior of anybody around you, what kind of life would you have?" Can you hypnotically persuade someone to buy a car?

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10:35Meta down, right? Like even Amazon, like kind of consolidated. NVIDIA and Google were the only two out of those seven that had a positive year. And so you, well, outpaced the S &P. And so there's been consolidation. It's just that we have been put in some pockets that had extreme growth and probably will continue to have extreme growth. But if you look at the overall scale, you take a bigger glimpse. Yeah, there's a lot sitting under the 200. There's definitely some at the 400. And so it's an interesting time. And once again, you know, go ahead, Rashad. Your goal is going to keep going up because it's a store of value.

11:12and as long as the national debt keeps growing then it really has no other option and he's accelerated that's why i put on instagram that in the first 10 months of donald trump's presidency added four trillion dollars to the uh that and the thing about it is that you created a whole government agency to to lower the situation and it only reversed you fired 300 000 people and actually added four trillion dollars of debt so the the speed at which the um the debt and borrowing is is accelerating is is pretty historic and that only means that the dollar is weaker than it has been in recent history and if the dollar is weaker and then you add to the geopolitical uncertainty and people not really trust in the american economic system anymore because they don't trust to American leadership.

12:05So it's a direct correlation to other store of asset, store of value assets like gold and silver. They have no choice what to go up. Shout out to Larry Morrow. He was at his event in New Orleans the other day. He was talking to Mike Novogratz and I told him that, you know, when he said that, he said gold was going to go to 10 ,000. And he was just saying like, yeah, you know, it's just one of these things that it has to happen because of the amount of spending that Washington continues to do. And that's the ironic thing about it is that the whole Republican Party, but mainly Trump, they ran on a whole campaign of smaller government.

12:47And efficiency, and it's not there. And lower spending, and they've actually spent more money and borrowed more money and have more debt. But he did that the last presidency. that's why Mike said that because it wasn't just based off of like he's like Trump the only thing he knows how to do is spend money he did that the last time he was in office so he was like based off of his tendency based off of last time he's in office it's going to carry over to this time he's in office he's going to spend more money we're going to have more debt and gold is going to continue to go up and that's literally exactly what happened so far and I don't think it's going to stop you got to spend more money on on the military, which is our, our biggest expenditure in healthcare and doesn't seem like you're going to have any, any, so it's like you cutting small things.

13:37Um, the Somali daycare center and, you know, stuff like that. But it's just like, yeah. Yeah. So, oh, but, and, uh, they'll tell you that the trade deficit has been lowered. It's like, come on. Like, like a major bank, almost went belly up and they swept it under the rug and they poured billions of dollars into the repo market to cover the bank being short silver and being down tens of billions of dollars. And he also said that he thought Bitcoin, I mean, it has no choice. He said it was a weird year for Bitcoin. He said he wouldn't have thought that Bitcoin would have stayed flat for the year relatively based off of all the circumstances.

14:26but he was just like if it hits over 102 is going to a 140 um and it's just a matter of time before bitcoin because that's that's the last store value that really has not increased all the other store values have increased so trump is he's he's he's losing it he's losing it mentally and um it's uh why do you say that why is he losing it mentally alleged yeah allegedly allegedly yes Yes, before the real news. And think about this. Silver and gold are going up this much without the real news coming out about the banks, about health care and health issues and the administration. But why do you say that he may be losing some of his faculties?

15:13Well, I think this Greenland situation is going to be a humiliating defeat for him. And sometimes you put yourself into a fight that you can't win. And I mean, he writes a whole letter to the prime minister of Denmark saying, you know, because you guys didn't give me the Nobel Peace Prize. I'm I'm because you didn't give me Nobel Peace Prize. Oh, I'm not really interested in having peace anymore. And I'm taking Greenland. But the thing about it is, you know, we could talk about it, too, as far as the amount of treasuries that the EU and Canada hold. and you can only push somebody in the corner for so long before they can, they have, they have weapons at their disposal as well.

15:57And I think he's putting himself in a situation where he's going to, he has no choice but to kind of lose this battle. It's going to be, it's going to be a humiliating defeat and it's going to be a crack in the American armor. And we don't really know how that's going to play with the economy, but just stuff like that, like just, just, you know, just unhinged behavior. after a while it can't really be excused it's like the mad king like you know like after a while it's like you know it's just very unhinged uncool behavior but he's having a peace party you gotta pay a billion dollars to be a part of it and he's I didn't hear about this he invited Putin to it 20 countries a billion dollars he's gonna be the chair for life and if you pay a billion dollars then you're, it's like, it's like extortion.

16:47It's an extortion party. Listen, I prefer my presidential leadership to not act like King Von and Dirk. Yeah. But this is like, this is too much. And for those of you who may push back and say, well, it was worse under Biden. I too had my deep criticism for that administration. It does not mean that this one isn't being misled. And we're only a year in. Netflix is down 34%. Meta down 22%. Microsoft is down 17. Elon and OpenAI are in a tough legal battle now. Target is an American brand is dying. Starbucks is an American brand is dying. Nike is dying. All in this tenure. And I mean, they'll hold on to the, hey, the Dow's at a record high.

17:31S &P on a record high. NASDAQ on its way to a record high. They'll hold on to these talking points, but at some point, it's going to have to add up, right? At some point, something's going to hit the fan. And then they want you to now be able to leverage a 401k's to buy a home. It's like, what? We used to be a proper country, yo. We used to be a proper country. But if this erratic behavior continues, gold will continue to go up. From an investment, from a pure make money standpoint, if you're interested in that standpoint, yeah. I mean, gold, silver, then I think Bitcoin is only a matter of time before Bitcoin.

18:14has to follow suit at some point. Yeah. Keep your eyes on platinum too. Yeah, platinum copper. Yeah. And the rare earths. We'll talk about that maybe next week. But yeah, there's some stuff going on there. Exploration's happening soon. So, yeah. Yeah. This episode is brought to you by PNC Bank. A lot of people think podcasts about work are boring. And sure, they definitely can be. But understanding a professional's routine shows us how they achieve their success little by little, day after day. It's like banking with PNC Bank. It might seem boring to save, plan, and make calculated decisions with your bank.

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19:41a new podcast exploring NLP, aka neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You know Roald Dahl. He thought up Willy Wonka and the BFG. But did you know he was a spy? In the new podcast, The Secret World of Roald Dahl, I'll tell you that story and much, much more. What? You probably won't believe it either. Was this before he wrote his stories? It must have been. Okay, I don't think that's true. I'm telling you. The guy was a spy. Listen to The Secret World of Roald Dahl on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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21:09See all the nominees and place your vote at iHeartPodcastAwards.com. Audible is a proud sponsor of the Audible Audio Pioneer Award. Explore the best selection of audiobooks, podcasts, and originals all in one easy app. Audible. There's more to imagine when you listen. Sign up for a free trial at Audible.com. This is an iHeart Podcast. Guaranteed human.

From the publisher

In this Market Mondays clip, join Rashad Bilal, Ian Dunlap, and Troy Millings as they break down the outlook for gold, silver, and other precious metals heading into 2026. The trio dives deep into why gold and silver are hitting historic highs, forecasting where prices could peak, and what investors need to watch out for in these turbulent times.

Ian analyzes the connection between precious metals, economic threats, and historic moments such as the pre-Covid era, the European debt crisis, and the 2008 crash. He projects that in a worst-case scenario, gold could reach $5,480 an ounce, with silver potentially soaring to $153 or even $1,054. The discussion examines how economic instability, geopolitical tension, and uncertain leadership continue to drive investors to safer assets.

Troy points out that major banks and analysts, like J.P. Morgan and HSBC, have gold targets of $5,000 an ounce by Q4 of 2026, emphasizing that supply chain issues, instability, and a weakening dollar are fueling these bullish predictions. He recalls Robert Kiyosaki's early advocacy for silver and notes how commodities often thrive during times of global uncertainty.

Rashad provides context on the U.S. national debt’s rapid growth and its impact on dollar value, highlighting how increased government spending under recent administrations contributes to the ongoing bull market for stores of value like gold, silver, and even Bitcoin. He relays insight from Mike Novogratz, who forecasts a gold price of $10,000 if spending continues at its current pace.

Together, the Market Mondays team discusses the fading confidence in American economic leadership and traditional finance, how corporate profits are consolidating into a handful of companies, and why market highs aren’t telling the full story about the broader economy. They also touch on the potential for Bitcoin and other digital assets as additional stores of value, and tease upcoming conversations around platinum, copper, and rare earth elements.

**WHAT YOU’LL LEARN IN THIS CLIP:**  
- Expert predictions for gold and silver prices in 2026  
- The connections between economic crises, government debt, and precious metals  
- Analyst expectations from J.P. Morgan, HSBC, Morgan Stanley and more  
- Impacts of geopolitical turmoil and the weakening U.S. dollar  
- Why investors are turning to gold, silver, Bitcoin, and other commodities  
- Insights about the current state of big tech and S&P 500 performance  
- A peek at platinum, copper, and rare earth metals investment trends

Stay ahead of the market and understand how macroeconomic pressures and political events shape your investing strategy. Don’t miss this Market Mondays clip if you’re serious about wealth preservation and opportunity in uncertain times.

**Subscribe for more market insights and wealth-building strategies!**  
#Gold #Silver #Investing #MarketMondays #PreciousMetals #2026Forecast #Bitcoin #Stocks #Economy #Finance #WealthBuilding

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