Wealthion - Be Financially Resilient

David Morgan: Gold to $10K — Central Banks Led the Way, Now Wall Street Is Catching Up

Mar 2, 2026
Guest
David Morgan
David Morgan, veteran precious metals analyst and author, outlines a bold gold target and why central bank buying has reshaped markets. He explains Wall Street’s changing stance on gold. He discusses silver’s potential to outperform, a gold-silver ratio swap tactic, and scenarios that could drive astronomical call option moves by year-end.
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ADVICE

Allocate 10 to 20 Percent To Precious Metals

  • Maintain a balanced precious-metals allocation of roughly 10% and up to 20% at most to protect against monetary risks.
  • Rebalance by taking profits from strong S&P performance and move some into gold and silver to reduce downside risk.
INSIGHT

Central Bank Buying Is Driving A Structural Gold Run

  • Central banks are buying gold at multi-decade highs and driving a major structural run into gold.
  • David Morgan links this central-bank demand to the possibility of a new monetary system tied to gold and raises his target to at least $10,000 per ounce.
INSIGHT

Avoid Timing Extremes In Precious Metals

  • Don't try to time the absolute bottom; avoid being underinvested while also not overcommitting after large rallies.
  • Morgan recommends critical thinking and measured rebalancing after gold rose from $2,000 toward recent higher levels.
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