Overnight commodity watch: gold, silver, copper, aluminum, and tin all hit new highs. I think we shouldn't try to guess the top. Who would have thought that gold price per gram broke 1000, silver nearly 20 per gram, Shanghai copper also broke 100,000, and aluminum and tin are all on the way to new highs across the board. Especially last night's silver movement, once again making us realize how poor our imagination is. A bull market is like this: there's always a higher mountain, and our understanding is always lower than reality. Markets are made up of people, and the ones who decide the market are often the big players, not retail investors. At least for now, I haven't seen signals of large sell-offs in the market. So, enjoy the scenery on the way to the top. Currently, there's no sign of a bearish market in silver; don't try to guess where the top is. When that moment comes, you'll know. If commodities continue to rise like this, next year's inflation will be unavoidable. Once inflation kicks in, debt problems become much easier to solve. It makes no sense for stocks and prices to rise while housing remains stagnant; water will eventually flow. It's just a matter of time.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Overnight commodity watch: gold, silver, copper, aluminum, and tin all hit new highs. I think we shouldn't try to guess the top. Who would have thought that gold price per gram broke 1000, silver nearly 20 per gram, Shanghai copper also broke 100,000, and aluminum and tin are all on the way to new highs across the board. Especially last night's silver movement, once again making us realize how poor our imagination is. A bull market is like this: there's always a higher mountain, and our understanding is always lower than reality. Markets are made up of people, and the ones who decide the market are often the big players, not retail investors. At least for now, I haven't seen signals of large sell-offs in the market. So, enjoy the scenery on the way to the top. Currently, there's no sign of a bearish market in silver; don't try to guess where the top is. When that moment comes, you'll know. If commodities continue to rise like this, next year's inflation will be unavoidable. Once inflation kicks in, debt problems become much easier to solve. It makes no sense for stocks and prices to rise while housing remains stagnant; water will eventually flow. It's just a matter of time.