Podcast Summary: Earn Your Leisure

Episode: "Is Gold & Silver Done Falling – The Truth About This Market Crash"

Release Date: February 7, 2026
Hosts: Rashad Bilal and Troy Millings
Theme: Breaking down the recent crash in gold and silver prices, exploring causes, impacts, and future outlooks, with real talk on market dynamics, institutional manipulation, and long-term strategies for retail investors.

Overview

This episode focuses on the historic crashes in the gold and silver markets — silver’s largest since 1980 and gold's worst day in forty years — examining whether these precious metals have bottomed out or if further volatility lies ahead. The hosts and guests analyze factors behind the price drops, discuss implications for retail and institutional investors, address rumors of market manipulation, and provide actionable insights on navigating turbulent markets.

Key Discussion Points & Insights

1. The Market Crash: Scope and Possible Factors

• Crash Data:

  • Silver dropped 30% in one day (largest since 1980)
  • Gold fell 15% in a single day (largest drop in 40 years)
  • [01:29] Gold Market Analyst: “Silver had its largest crash since 1980... Gold was down 15% one day. That was the largest drop in 40 years.”

• Fed Chair Change and Connections:

  • Market partly blames sudden moves on a new Fed Chair with deep familial and social connections, notably to the Lauder (Estée Lauder) family and Donald Trump’s inner circle.
  • [02:07] Analyst: “Her father, Ronald Lauder... happens to be one of Donald Trump's best friends... So it's all in the family relationships once again. Power relationships, right?”

• Temporary vs. Systemic Changes:

  • Panel contends that while prices plummeted, underlying drivers for gold haven’t changed — the crash may be reactionary and partially manipulated.
  • [02:48] Gold Market Analyst: “I think that's just temporary in my opinion, because what's going to change? Nothing is really going to change... The overarching theme, at least for gold, that made gold go up, I don't think anything changed.”

2. Rumors of Market Manipulation and Profit Taking

• Institutional Maneuvering:

  • Speculation that “the big dogs” used the opportunity to liquidate positions, prompting volatility, with many retail investors getting squeezed.
  • [03:33] Gold Market Analyst: "...the big, the big dogs to actually liquidate and close. A lot of people got squeezed out of positions, a lot of profit taken... It was bound to come back down."

• Cycle of Profit-Taking:

  • The conversation highlights the normalcy and necessity of profit-taking after rapid price surges.
  • [05:18] Financial Commentator: “When you see an asset run up like that, what's your metrics for when you're going to take profit, or how long you're going to stay in a position?”

3. Investment Strategy Amid Volatility

• Key Price Levels for Reentry:

  • Analyst shares target buy zones: gold at $4,219, silver at $63.33.
  • [06:27] Financial Commentator: “I would like to reenter gold at 4219, if we get there, and silver at 63.33... Wait to get back in.”

• Retail vs Institutional Dynamics:

  • Retail investors shouldn’t feel they missed out; institutions are often waiting for pullbacks, creating renewed entry points.
  • [06:35] Investment Strategist: “Institutional investors and hedge fund managers... are in the same exact boat with a lot more capital... We gotta have a pullback for us to get into that position. And lo and behold, you'll see short sales and... a new opportunity.”

• Broader Market Rotation:

  • Discussion of significant drawdowns in large stocks; emphasizes the importance of hedging through assets like gold when equity markets falter.
  • [05:18] Financial Commentator: “Even on the stock side, considerable drawdowns... Gold has been a preeminent asset to invest in for a long period of time.”

4. Long-Term Outlook for Gold and Silver

• Historical Performance:

  • Over 50 years, gold has risen 2,700%, while the U.S. dollar’s value has dropped 85%.
  • [07:11] Gold Market Analyst: “Over the last 50 years, gold has increased 2,700%... The value of the American dollar has decreased 85%.”

• Patience and Perspective:

  • The consensus: long-term fundamentals remain intact, so don’t panic sell; keep the historical trend in mind.
  • [07:48] Financial Commentator: “For sure. And that trend won’t reverse anytime soon.”

Notable Quotes & Memorable Moments

• [02:04] Financial Commentator: “Hello, generational wealth.”
• [02:20] Gold Market Analyst: “…Company that they own is called Estée Lauder. Perhaps you’ve heard of it.”
• [02:29] Gold Market Analyst: “…Donald Trump’s best friend, son-in-law is now the Fed chair. Interesting.”
• [02:48] Gold Market Analyst: “…I think that's just temporary in my opinion, because what's going to change? Nothing is really going to change.”
• [03:33] Gold Market Analyst: "…A lot of people got squeezed out of positions, a lot of profit taken… But the overarching theme that made gold go up, I don't think… anything has changed since then."
• [05:18] Financial Commentator: “Gold has been a preeminent asset to invest in for a long period of time… If you missed this first run up, wait to get back in… For those trading gold futures, great job… a lot of you have made between 10 and 40 grand over the last month and a half.”
• [07:11] Gold Market Analyst: “Gold has increased 2,700% over the last 50 years, and the American dollar has decreased… 85%... So if history has any indication, there’s no need to panic on the gold side.”

Timestamps for Important Segments

• [01:29] — Start of gold and silver crash discussion
• [02:00-02:30] — New Fed Chair and power relationships
• [03:30] — Allegations of market manipulation and profit taking
• [04:45] — Investment metrics and profit-taking advice
• [05:18] — Major stock drawdowns and the case for gold
• [06:27] — Analyst’s ideal entry points for gold and silver
• [07:11] — Long-term historical performance of gold and the dollar

Key Takeaways

• The recent crash in gold and silver is significant but viewed as likely temporary, with underlying fundamentals unchanged.
• Market manipulation by large institutions is suspected, especially during rapid, major moves.
• Both retail and institutional investors can benefit from waiting for pullbacks to re-enter positions.
• The long-term upward trend of gold (and decline of the dollar) reinforces the value of patience and sticking with proven assets.
• The big picture: the story behind gold hasn’t changed; market turbulence is normal in this asset class.

This summary preserves the in-depth financial analysis and down-to-earth tone that Earn Your Leisure is known for, providing a valuable recap for anyone seeking clarity on the state of the gold and silver markets after their dramatic crash.