A Quick Reality Check on Gold, Silver,

Editor's Note

A Hard Truth About Emotional Investing

A Closer Look

Something interesting happened in our VIP group this morning.

One member left a comment that immediately set off alarm bells for me—and it created the perfect opportunity to share a hard-earned lesson with you, especially if you’re invested in gold or silver right now.

Because I’ve been there.

Back in the 2007–2012 bull market, I was deep into precious metals. I read everything. The Creature from Jekyll Island. Mike Maloney’s books. I didn’t just believe in gold and silver—I lived and breathed the story.

At one point, I had massive gun safes filled with nearly 10,000 ounces of silver.

I wasn’t investing anymore.
I was emotionally committed.

And that’s the trap.

Here’s the truth most investors don’t want to hear:
If you go looking for information that confirms your belief, you’ll always find it.

Right now, it’s China’s industrial silver demand.

AI data centers.
Solar farms.
Electric vehicles.
Geopolitics. Central banks. You name it.

There are endless narratives explaining why gold and silver have to keep going up.

That should worry you.

Because this exact behavior shows up every time an asset enters bubble territory. Crypto investors know this story by heart. People find reasons why Bitcoin, Ethereum, Solana, XRP, or whatever else must continue higher.

Until they don’t.

Prices stall.
Then fall.
Then the narrative flips overnight.

And the investors who were most attached to the story? They’re always the last ones out—usually after their “can’t-miss” asset is already down 50–80%.

That’s why emotional detachment isn’t optional. It’s survival.

No one knows how high gold or silver will go. Guessing doesn’t help. Theories don’t help. Loving the story doesn’t help.

If you’re “holding on to every ounce” because you believe, you’ve already forgotten the point of investing—buying low and selling high.

And history is very clear on this: bubbles always pop.

It might be months from now. It might be years. But when it happens, emotionally attached investors get wiped out.

After silver peaked in 2011, it dropped 72% and took more than 14 years just to get back to its previous high.

That lesson stuck.

These days, I don’t guess. I don’t debate narratives. And I don’t care why an asset should go up or down—especially commodities like Bitcoin, gold, and silver.

I watch behavior.
I respect trends.
And when those trends change, I act.

Then I fall back on my core framework—one that’s carried me through every cycle:

1. Secure the essentials

2. Hold hard money

3. Maintain a cash position

4. Invest only in what I truly understand

That approach isn’t flashy—but it works when the stories stop working.