🚨 The Gold & Silver Strategy Every Investor Should Know - Andrew Sleigh | Sprott Money
Sprott Money Jul 25, 2026
Summary
Averaging down during pullbacks lets long-term precious metals investors lower their cost basis instead of selling into weakness.
The guest frames physical gold and silver as wealth preservation first, with price appreciation a welcome byproduct along the way.
He argues the stock market is dangerously overvalued, citing price-to-earnings ratios near 500 to 1,000 on tech and AI stocks.
His strategy is steady accumulation rather than market timing; he would sell metal only to pay bills if income stopped.
Andrew Sleigh's takeaways
- Top takeaway Sleigh's core position is buying precious metals to preserve wealth, saying his metal has grown in value and he would keep it even if the whole financial system breaks.
- He tells first-time buyers who entered at elevated December-January prices that this is the time to average down and keep buying.
- He argues the stock market is overvalued by ridiculous amounts, citing P/E ratios of roughly 500 to 1,000 on FAANG, tech, and AI bubble stocks.
- He warns those stratospheric valuations leave nothing but disaster waiting to happen, framing physical metal as the alternative.
- He says he does not sell his metal and would only part with it to pay bills if he had no income.