Gold, Silver and the Economy: October 2026 Update with Dr. Kirk Elliott

SUMMARY

The Dr. Ardis Show presents Gold, Silver and the Economy: October 2026 Update with Dr. Kirk Elliott. Dr. Ardis welcomes Dr. Kirk Elliot of kirkelliotphd.com for a financial and economic update on where the United States stands right now. Kirk explains why silver fell from about $120 an ounce in late January to around $58, calling it a normal consolidation in a bull market that ran longer because of the Iran conflict. He walks through the pressure points: oil at $110 a barrel, a 3.7% CPI reading, and a 53.7% chance of an interest rate hike. He argues that higher rates hurt a country where almost everyone carries debt and only 2.8% of people hold savings accounts.

Kirk then lays out why he believes central banks see value on the dip. He says central banks bought 288.9 tons of gold in the second quarter against 44.8 tons sold, a ratio of roughly 6 to 1, while individual investors reacting to financial media were the sellers. He covers China building gold depositories in Shanghai, Hong Kong and the UAE, the lawsuit facing the London Bullion Market Association, and countries moving their gold home. He explains a proposal for gold-backed Treasury bonds, with holders choosing cash or gold at redemption. He compares the U.S. dollar, down 87% since 1971, with silver (up 3,268%, from $1.80 to $58) and gold (up 9,378%, from $43.98 to over $4,000). Dr. Ardis and Kirk also discuss the $40 trillion national debt, over $1 trillion a year in interest, and the Federal Reserve as buyer of last resort for Treasuries.

To connect with Kirk Elliott and learn how to protect and grow your wealth with gold and silver, call 720-605-3900 or visit Kepm.com/Ardis

TAGS

The Dr. Ardis Show, Dr. Bryan Ardis, Dr. Kirk Elliot, Economic Update, October 2026, Gold, Silver, Precious Metals, Inflation, Interest Rates, Federal Reserve, National Debt, Central Banks, Gold-Backed Treasury, Dollar, Iran Conflict, Retirement, Physical Metals, 401k IRA Rollover.