Gold and silver have crashed again. Wall Street's recent harvest was too quick. Taking advantage of the war and the public's frantic gold purchases, they cashed out at high prices.


Yesterday, gold plummeted 5%, silver dropped 10%, and in just one day, more than half a month's worth of rebounds were wiped out.
Since the last epic crash of gold and silver, they had rebounded for nearly half a month. Gold surged to 5200, silver to over 90, and they weren't far from their highs.
Then suddenly, the US, Israel, and Iran got into a conflict. According to common sense, war should cause gold to surge.
A few days ago, both rose, and I thought they might hit or even surpass previous highs. But even if they break past those highs, I see it as the last chance to escape, because gold and silver are expected to be bearish for several years.
But before reaching those highs, the early-informed funds have already pulled out, using the public's stereotype that war will inevitably drive gold prices up, to harvest profits in advance.
In the short term, I am not optimistic about precious metals. Over five to ten years, I also remain cautious. If later the US cuts interest rates and there's a mid-term rebound, that could be the last escape opportunity.
The effects of the war are starting to ferment. Now risk assets are collapsing—US stocks are crashing, cryptocurrencies are plunging, gold and silver are falling sharply. The Federal Reserve should step in to cut interest rates and stabilize the market.
Only the Federal Reserve can save risk assets!!!
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