Want to create an interactive transcript for this episode?
Podcast: Market Matters from New York Life Investment Management
Episode: Will the gold rush extend into 2026? (December 9, 2025)
Description: Is gold becoming the next bubble or just catching up to years of structural demand? In this Market Matters episode, Julia Hermann and “Macro” Mike LoGalbo dissect the drivers behind gold’s outsized move in 2025 and the risks of chasing performance. They discuss why gold works best as a diversifier, not a growth engine, and offer a framework for sizing positions as 2026 approaches.