Gold & Silver Building Price Momentum: This NEW RECORD Shows Why!

This is a bullish precious-metals commentary centered on gold, silver, the US dollar, central-bank demand, and Federal Reserve policy. The speaker opens by rejecting the idea that gold and silver are mainly moving against oil, arguing instead that the dominant relationship is still with the US dollar. He points to a chart of dollar-versus-gold behavior since 2020, then applies that framework to 2026: a temporary dollar breakdown in late January coincided with gold’s blowoff top, followed by a sharp gold pullback after the dollar recovered. He says this correction began before the Iran war and was therefore not caused by that conflict or by oil. The main factual thrust is that central-bank buying should be used as the key signal for whether the metals bull market is over. …

1. The speaker’s core model is that gold and silver are mainly responding to the US dollar and real rates, not oil headlines.
2. He treats central-bank accumulation as the most important fundamental confirmation for the metals bull market.
3. He claims Q1 2026 was a record quarter for central-bank gold buying by dollar value.
4. He argues the market is already pricing a “no more cuts” Fed path, so that alone should not break the metals trend.
5. He believes weak real rates, higher CPI, and a softer dollar remain supportive for gold and silver.
6. He remains very bullish on the long-run upside and says he has personally bought metals and a mining stock.
7. He cites a near-term momentum shift as the key tactical timing window, while acknowledging a possible interim pullback or further rally before that.

• The claim that central-bank dollar-value buying alone proves the bull market is not over is suggestive but not definitive; it is one input, not a complete regime test.
• The argument leans heavily on one interpretation of the dollar and gold relationship, but does not rigorously test alternative drivers such as risk sentiment, liquidity, or positioning.
• The speaker treats the Iran war and oil as non-factors, but geopolitical shocks can still affect gold through multiple channels beyond the start date of the correction.
• The use of very aggressive upside targets ($7,000 gold, $150–$200 silver) is asserted rather than justified with a transparent model.
• The discussion of Fed dissent and policy pricing is simplified; the conclusion that “no more cuts is already priced in” may be too strong given evolving inflation and growth data.