MARKET NEWS / PRECIOUS METALS

Why Gold’s Bull Market Has Further to Run | David McAlvany on Schwab Network

MARKET NEWS / PRECIOUS METALS
Precious Metals • Dec 29 2025
Why Gold’s Bull Market Has Further to Run | David McAlvany on Schwab Network
MPM Posted on December 29, 2025

In a recent appearance on Schwab Network, David McAlvany, CEO of McAlvany Financial Companies, explains why gold and silver’s exceptional performance is not an anomaly — but the result of a structural shift in the global financial system.

  • A structural bull market: Why gold’s recent gains are being driven by sustained, long-term demand — led by central banks and sovereign buyers — rather than short-term fear, speculation, or cyclical trading.
  • What’s really driving prices: How policy decisions, energy markets, and global economic realignments are reinforcing gold’s role as a monetary asset in an environment of rising uncertainty.
  • Why this still matters: Despite a historically strong year for precious metals, David outlines why this cycle may still be in its earlier stages — and what investors should be watching as the trend continues to develop.

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