🚀Silver Hits Highs. Is It Too Late To Buy?

David LeBlanc
Jun 6
5 min read

Updated: Jun 22

Hey there real money tribe,

Over this past week, silver and gold have been making headlines again, hitting price levels we haven’t seen in years. In particular, silver surged to over $49 CAD an ounce, a level we haven’t seen since February 2012, and gold is trading around $4,500 CAD an ounce. Over the past few weeks, they have been getting a lot more of attention — even in the main stream news, on financial channels - and being sold at big box stores like Costco and Walmart. You know it's getting crazy when you see new precious metals ETFs and mutual funds popping up everywhere.

With headlines heating up and prices climbing, people are starting to ask:

“Is it too late to get in?” or “Should I sell now?”

“What kind of silver should I buy — coins or bars?”

“Should I move profits into gold?”“

"If I’m on the sidelines, did I miss my chance?”

Let me share what I’ve been doing, how I think about it, and why I believe we may just be at the beginning of a much longer-term revaluation of silver and all precious metals.

What’s Driving the Surge in Silver?

Silver is unique. It’s both a precious metal used to store value — like gold — and an industrial metal in high demand. You’ll find silver in:

Electronics
Electric vehicles
Solar panels
Medical devices
Clothing
Jewellry
Investment-grade coins, rounds and bars

At the same time, governments at all levels here in Canada, and around the world are borrowing, spending, and printing more and more fiat dollars just to keep things afloat. When more fiat dollars are created out of thin air, this makes them worth even less (it's called inflation) — and starts to push those in the know, like you, to seek out real assets with actual intrinsic value and not worthless dollars which only lose their value over time by design.

Silver’s recent run isn’t just about hype either. It’s about declining purchasing power, tightening supply, and growing industrial demand.

What I’m Hearing From People

My phone has been buzzing a lot more this week — from long-time followers and complete newcomers. Some people have never seriously thought about silver before. They’ve seen the price spike and they are feeling that classic FOMO. Others are already holding metals and are wondering if it’s time to sell, buy more, or hold tight. Here’s what I always say:

“It’s never a bad time to trade in some of your paper currency for real, sound money.”

You see, I don’t buy metals to speculate or try to time the top. I buy silver to save, protect, to preserve, and diversify. To me, there is never a bad time to trade up fiat dollars for real money.

What I’m Doing Personally

On days when silver soars — like these days — I smile. Not because I’m looking to sell, but because I already own some. I trade up my fiat dollars for silver on a regular basis and especially on dips, and I continue and will add gradually over time.

That’s the beauty of holding real assets — I’m not waiting on the next quarterly report or watching stock tickers every day getting anxious and stressed out. I’ve built a solid position in something real with actual value. Something outside the system. Something that’s been considered and used as money for thousands of years. I feel secure knowing that the labour I performed, and for which I was compensated, is being safely stored and retained in something that's going to hold this value for when I may need it in the future. This is how I honour and respect the value of my work - not digital dollars on a computer screen that can be spent with a tap of my card.

“But David, Isn’t Silver Getting Too Expensive Now?”

Here’s the thing: people used to say silver was expensive at $13 CAD years ago, and they said gold was overpriced at $1,300 CAD.

Today, an ounce of silver is over $49 CAD, and gold is over $4,500 CAD. And guess what? I wouldn’t be surprised if, in 5 or 10 years, we look back at today’s prices and say, “Wow — that was cheap! I wish I had loaded up!”

I often suggest that the best time to start adding silver is when you’re ready and able to, you understand your "why", and ready to commit in building some real solid financial security, wealth protection and peace of mind. Not when the crowd or media tells you.

How Has Silver Performed vs. Other Options?

Let’s take a quick look at how the price of silver compares over the last three years:

Investment Type	3-Year Cumulative Return
Silver (CAD)	~44%
Canadian Stock Market	~25–30%
High-Interest Savings	~7.7%

So, not only is silver making headlines — it has actually outperformed both the TSX index and the typical high-interest savings account over the past few years.This isn’t to say silver is better than everything else, but it proves it deserves a seat at the table if your goal is to protect and grow your wealth.

Final Thoughts

Silver is proving once again why it is one of the key pillars of financial safety. While the headlines and rising prices may spark fear of missing out, remember that thoughtful planning and steady education can help you build a confident and solid approach for the long run and guide your thinking and decisons in between.

I say, build your wealth in ounces, not in dollars.

If you enjoyed ready this article or listened to the podcast, feel free to share it someone whom you think would benefit. Have a question or comment, shoot me an email or use the Comment box below.

To your financial health 🥂,

David

Precious Metals Coach + Money Mindset Mentor

"Real Money for WE The People"

📧 preciousmetalscoach@proton.me

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