Gold’s Heading Higher – Here’s All You Need to Know to Get Yours

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My Dad’s folks – William Patalon Sr. and Anna Patalon – were true “products of the Great Depression.”

My grandfather was a machinist with the Lehigh Valley Railroad – known as the “Route of the Black Diamond” (coal), working out of the Coxton Railroad Yard up near Scranton. My grandmother worked in a cigar factory and, at the end of her working life, had a job in the Topp’s facility there (she often got us some pretty cool trading card sets – including baseball, Wacky Packs and even Happy Days cards).

When I say they were “products” of that decade of pain that started with the Oct. 29, 1929 “Black Tuesday” stock market crash … and didn’t really end until America was well into World War II and its still-great industrial base was spooling up to fight the biggest battle in human history … I’m saying I could actually see the effects.

Even as a kid I could see that my grandparents:

· Were supremely self-reliant – in all aspects of life.

· Learned how to fix things – instead of tossing them away.

· Didn’t trust banks.

· Paid for everything – even their new cars – with cash.

· Pushed my Dad and Aunt Joan to excel in school (my Dad, William Jr, was valedictorian, attended Pittsburgh’s Carnegie Tech, and became a successful engineer).

· And hoarded silver. Lots of silver.

And it’s that last point that I want to focus on in today’s report … after a quick introduction to a metals dealer that can help you execute the strategy we’ll detail for you.

Gold hitting record highs

The price of gold keeps heating up. If the record-breaking year of 2024 wasn't enough, gold hit a major historic 2025 milestone by crossing the $3,000/ounce threshold!

Here are 3 Key Reasons:

1. Looming economic & political uncertainty

2. Increasing central bank demand

3. Rising National Debt - over $36 Trillion

So, could gold surge even higher?

According to a recent statement from Jeffrey Gundlach, famed American business man and investor… “Gold continues its bull market that we’ve been talking about for a couple of years, ever since it was down to $1,800.” He expects gold to reach $4,000/oz.

Is it time you learn more about precious metals?

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A Metals Haul

When my grandmother died, and my Dad, my sister Kathy Ann and I went to clean out the house to sell it, we found scads of Liberty Dimes, Standing Liberty Quarters, Walking Liberty Half Dollars, Ben Franklin Half Dollars and Washington Quarters – including hundreds of them from 1964.

The common denominator: Those coins were all 90% silver – and folks viewed them as both collector’s items and “stores of value” in case Depression-like tough times returned.

That’s right: My grandparents were among the OG Silver Stackers. And for them – like so many Americans – hoarding silver made sense.

It was easy to obtain – you’d obtain it in everyday transactions.

It was affordable – since you’d essentially accumulate it 10 cents, 25 cents and 50 cents at a time.

And it was legal – which gold wasn’t, thanks to U.S. Executive Order 6102. That order, signed on April 5, 1933 by President Franklin Delano Roosevelt, effectively made it illegal for everyday Americans to own gold for investment purposes.

Washington fixed the price of the “yellow metal” at $20.67 per troy ounce at the time of the forced exchange. A year later, the U.S. government boosted the price to $35 an ounce.

Owning gold remained verboten until New Year’s Eve 1974, when President Gerald Ford repealed the FDR executive order.

That followed the Aug. 15, 1971 closure of the U.S. Treasury gold window – which ended the direct convertibility of the greenback into gold by foreign governments. Gold was trading at about $43 at that time. By the time President Ford made it legal for regular Americans to own gold 40 months later, the metal has soared to $154, up more than 350%.

Fast-forward exactly 50 years – from the last day of 1974 to the last day of 2024 – and you’ll see gold was trading at a bit more than $2,629 … an increase of 1,607%.

Ahhh … but what about that fabled U.S. dollar?

In that same 50-year span – from New Year’s Eve 1974 to New Year’s Eve 2024 – the purchasing power of the greenback plunged by more than 94%.

That brings us back to the present day … and the windfall we brought SPC readers with our gold call last year.

Gold 101

On May 9 of last year, we said that gold was poised to fly.

And we were right.

From a price down around $2,380 an ounce, the spot price of gold has soared to $3,295 – a jump of 38%.

The S&P 500 has advanced a mere 7.95% during that same stretch.

We’ve delivered similar results with such “alternative” assets as silver and Bitcoin (BTC). 

Thanks to the “storylines” we’re following here at SPC – storylines like Deglobalization, the New Cold War, Resurgent Inflation, the Long-Term Commodities Supply Shortfall and more – we believe the long-term outlook for silver, gold and other commodities is bullish.

In this Special Briefing, we’ll give you the lowdown on gold:

• The basic story.

• The longer-term outlook.

• How to buy and invest in it.

• And 50 precious metals stocks to kick off your investing research.

That’s because, for serious investors, gold serves as:

· A Safe-Haven Asset: During downturns, stretches of uncertainty or outright financial crises, gold isn’t just a “comfort” to hold. It’s a high performer. During the Great Financial Crisis of 2008, gold more than doubled.

· A Hedge Against Hyperinflation: Gold isn’t a perfect hedge against regular inflation. But against “hyperinflation” – stretches of out-of-control price increases … even increases of 50% a month or more – it’s a great protector. That’s especially true when local currencies are unstable.

· And Diversification: Gold prices often move independently of stocks and bonds.

A History Lesson

In the early part of the 20th Century, gold was pretty stable – the result of its “gold-standard” status, where prices were “fixed.”

Fast-forward to the 1970s, when inflation – and “stagflation” (something many economists saw as a “theory” that wasn’t possible in the real world) – took hold. The Vietnam War, an escalating Cold War that ignited global tensions and America’s ending of its gold standard caused metals prices to zoom from about $35 an ounce in 1970 to more than $800 an ounce by 1980.

Economic uncertainty in the 2000s – especially starting in the latter half of the decade – ignited another gold-price rally – from about $250 an ounce at the start of the decade to more than $1,900 in 2011.

(It’s worth noting that the inflation-adjusted peak in 1980 (more than $3,100 in today’s dollars) was higher than the similarly adjusted peak ($2,700) for 2011).

Here today we’re seeing once again how uncertainty fuels the price of gold …

It recently it hit $3,500 an ounce – an all-time high.

And it’s poised for more gains – thanks to six big “triggers” that will drive gold higher in the months and years to come.

Just take a look …

1. Deglobalization → Borders harden.

The shift from global integration to regional trading blocs is weakening the dominance of the U.S. dollar and increasing geopolitical uncertainty. As countries seek alternatives to dollar-based trade, gold becomes a more attractive store of value and hedge against instability.

2. Central Bank Buying → Banks hoard.

Central banks are aggressively accumulating gold to protect against inflation, currency devaluation, and geopolitical risk. With record-breaking purchases in recent years, their demand is a powerful force supporting long-term gold prices.

3. Recession Risk → Growth falters.

Recessions are inevitable, and history shows that gold consistently outperforms equities during economic downturns. As uncertainty rises, investors turn to gold for stability and protection against market volatility.

4. ETF Demand → Investors pile in.

The rise of gold ETFs has made it easier for everyday investors to gain exposure to gold, fueling a surge in demand. As interest in real-world assets grows, ETFs are playing a larger role in driving gold prices higher.

5. Tokenized Gold → Blockchain diversifies.

Blockchain technology is revolutionizing gold ownership by enabling fractional, digital access to physical gold through tokenization. This innovation is attracting crypto-native investors and expanding gold’s reach into new markets.

6. Supply Shortfall → Mines deplete.

Global gold production is facing long-term challenges due to declining ore grades, rising costs, and regulatory hurdles. With forecasts suggesting mining could become unsustainable by mid-century, scarcity is set to drive prices higher. 

And they all point to one conclusion: Long-term gold prices are headed higher.

So, knowing that, how do you invest?

Glad you asked … because we have a basic blueprint that you can adapt to your own investment plans.

Building Your Personal Gold Strategy

We believe the best framework looks like this – with the risk rising as you move up from the “foundational” investments.

✅Base Level/Foundational Investments

· Physical Gold and Silver

· Gold ETFs

· Royalty Stocks

✅Gold Producers

· Gold/Silver Majors (Big Producers)

· Mid-Tier Producers

✅Development Ventures

✅Early and Late Drill Stories

✅Pennies on the Dollars Plays 

Here’s a bit more detail, starting with physical metals …

Holding Gold (And Silver)

This pretty much takes us back to the start of my story – and physical metals.

And, like everything else we talked about in this special report, we’re seeing a growing interest in physical metals among consumers.

Want proof? Look at what Costco Wholesale Corp. $COST ( ▼ 1.25% ) has achieved by bringing silver coins and gold coins and bars to its shoppers. By some estimates, the warehouse-club chain added as much as $200 million a month in revenue thanks to its precious-metals foray.

Customer satisfaction was high. However, Costco’s offerings were limited in terms of choice and availability.

I prefer to deal with reputable dealers – those with high ratings and broader offerings.

In terms of gold, there are “fractional gold bars” available in sizes as small as a quarter, half or full gram, offered under such brands as:

• PAMP Suisse.

• Credit Suisse.

• Valcambi.

• The Perth Mint.

• And Argor-Heraeus.

Gold was recently trading at $27, $54 or $108 in each of those denominations.

But the markup on those tiny bars can be as much as 10% to 20%, which puts you behind before you even start. That said, those smaller denominations might be good for transactions – should we get into some really tough economic times.

The Royal Canadian Mint offers a 1 gram Maple Leaf (called the Maplegram) that’s beautiful.

The 1/10 ounce (ungraded) U.S. Gold Eagle – which will now run you just under $400 ungraded (I was getting them several years ago for under $300). But with gold at $3,250, a $400 coin that’s 1/10^th that size means you’re paying nearly 25% over spot.

At $3,700, the markup on a one-ounce Gold Eagle is about half that. And a one-ounce gold bar will have a premium ranging from 2% to 5%.

When it comes to silver, my personal preference is for older, 90% silver coins – especially the types of coins I inherited from my grandparents (and the coin collections I created with my Dad), as well as U.S. Morgan Silver Dollars.

In terms of other silver coins, I really like U.S. Silver Eagles and Canadian Maple Leafs. They both come in one-ounce weights, and each are 99.9% pure silver.

As my collection has grown, I’ve migrated toward graded coins – with the top MS70 ratings.

Mexican Libertads, South African Krugerrands, China Pandas, Austrian Philharmonics and the Perth Mint Kangaroos and Kookaburras are beautiful, too.

Silver “rounds” and silver bars are worth adding, too.

So how much physical silver or gold should you have?

If you’re talking straight silver, your ultimate long-term goal should be about 1,000 ounces – give or take some based on your goals and net worth. At silver’s recent price of $33, that’s $33,000. Add in gold and adjust accordingly.

Royalty Plays

Royalty companies – metals streamers – are a key foundational investment for your gold-and-silver holdings. We’ve included five here.

But one we like a lot is Wheaton Precious Metals $WPM ( ▲ 1.43% ), which I’ve followed since I launched my first investment newsletter, Private Briefing, back in 2011. Founded in 2004 as Silver Wheaton (it changed its name in 2017), Vancouver-based company offers a unique way to invest in mining. Traditional miners can have big appetites for upfront investment capital. Companies like Wheaton provide that money – which earns them the right to purchase specified amounts of the metals mined at highly discounted rates (maybe 15 cents on the dollar on gold and 17 cents on silver). Wheaton is nicely diversified across operating mines and development projects. And with three decades of “mine life,” you don’t have to worry about security. Silver and gold account for about 97% of the revenue.

We recommended this to our SPC subscribers a year ago. The stock is up 52% in the last year.

From there, you can look at other gold and silver stocks.

We’ve assembled a nice list of companies for you to research here.

See you next time;