“Becca, I was always taught to buy low and sell high. With gold and silver prices higher than they were a few years ago, is now still a good time to buy?”

I get this question constantly — and it’s a smart one! Traditionally, financial thinking says you should “buy low, sell high.” That makes sense if you’re trading stocks or flipping houses. But when it comes to physical precious metals, the mindset is fundamentally different. Gold and silver are not “trades” in the usual sense — they are wealth insurance.

Think of it like car insurance: you don’t cancel your policy just because you haven’t filed a claim recently, and you don’t wait to buy it until you think you’ll have an accident tomorrow. You keep it to protect yourself if and when something goes wrong. Precious metals work the same way.

They are a hedge against a weakening dollar and an insurance policy against financial system shocks. They act as a store of value in an environment of rising debt, global instability, or market bubbles. Historically, they have preserved purchasing power even through inflation or outright currency collapse — just look at Argentina, Zimbabwe and Weimar Germany.

Importantly, when you buy physical gold or silver, you’re converting your hard-earned dollars into something tangible and lasting. Most other investments — stocks, bonds, mutual funds — are still tied to the dollar. If the dollar loses value, so do they. Gold and silver, on the other hand, sit outside the dollar system and cannot be printed or inflated away.

In my view, buying precious metals is not about “overpaying” or timing a perfect trade — it’s about making a prudent move to protect and diversify your wealth. Yes, all investing carries risk, but gold and silver are about stewardship and peace of mind over the long run, not just next month.

If you’re worried about jumping in at once, one strategy is to stagger your purchases over time. That way, you reduce timing risk while still building your protection. And if you haven’t yet invested, the most common thing I hear from my clients is that they’re glad they started — even if they were nervous at first.

As for the market today, there are still plenty of reasons why metals make sense right now:

Central banks are buying record amounts of gold
Geopolitical tensions remain high
Government debt is exploding
Inflation is still quietly eating away at the dollar
All of these trends could keep supporting gold and silver for years to come.

If you’d like to talk through how to get started, or want to review what an allocation might look like for you, we’d be honored to help.

Have a question for a future Ask Becca? Send it my way at info@stjosephpartners.com—I’d love to hear from you!

Here’s to asking good questions, learning something new, and keeping your financial footing solid no matter what surprises the world has in store.


Until next time,

Becca


Past performance is not indicative of future results.