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.