On Schwab TV, Alan Hibbard from GoldSilver.com shared insights on the rising prices of gold and silver. He pointed out that central bank gold purchases have been increasing since 2016 and retail demand is surging, with gold now available in stores like Costco and Walmart. This widespread demand, from individual investors to central banks, is driving the upward trend in precious metal prices.
Hibbard discussed why he believes the economy may not be as strong as central bankers suggest and why precious metals are set for further gains. He also highlighted that silver is expected to outperform gold by a factor of 2 to 1 in the short term.
Hibbard’s interest in investing began in 2007 during his business studies amidst the 2008 Global Financial Crisis. Frustrated with conventional financial teachings, he turned to alternative media, discovering Mike Maloney’s Hidden Secrets of Money series and embracing the Austrian school of economic thought. In 2019, he joined Maloney in research and analysis, contributing to the book The Great Gold and Silver Rush of the 21st Century. Today, Hibbard continues to promote free markets, individual liberties, and sound money principles to the next generation of investors.
