In October, extreme volatility returned to the precious metals markets. Despite the turbulence, both metals remain among 2025’s top-performing assets.
In this week’s update, I join Jan Skoyles to discuss whether this is the end of gold and silver’s remarkable run or the beginning of a new phase in their long-term bull market.
We explore:
-
Is this volatility a healthy correction or a sign of deeper structural stress?
-
What’s really driving gold’s uptrend rate cuts, a weaker dollar, or renewed institutional demand?
-
Why have 29 million ounces of silver been withdrawn from COMEX warehouses?
-
And why are central banks now holding more gold than U.S. Treasuries for the first time since 1996?
About the author
