Gold, Silver, and 25 Years of Performance Data

Gold outperformed both the Dow and real estate over the past 25 years, turning a $100,000 investment made in 2000 into $744,730 by comparison. This episode examines why billionaire Eric Sprott holds 98% of his wealth in precious metals, why Bond King Jeff Gundlach is recommending a 20% allocation to cash and hard assets in May 2026, and what both positions reveal about portfolio construction during periods of elevated equity valuations. Silver's near-7% surge to $86 an ounce amid stalled U.S.-Iran talks illustrates the real-time volatility that makes precious metals relevant beyond long-term holding strategies. The discussion also addresses President Trump's renewed interest in verifying Fort Knox's gold reserve, connecting sovereign-level gold logic to individual investor decisions. Data referenced includes DoubleLine Capital's current market outlook and a 25-year asset comparison anchored to the year 2000.