Investment Strategy - The panel advocates for increased allocation to precious and industrial metals in investment portfolios [1]

Price Performance - London Gold's latest price is 3318.25 with no change [2] - London Silver's latest price is 35.77 with no change [2] - London Platinum's latest price is 1304.00 with no change [2] - London Palladium's latest price is 1049.00, down 22.00 [2] - WTI Crude's latest price is 64.92 with no change [2] - LME Copper's latest price is 9761.00, up 35.50 [2] - The latest Dollar Index is 97.70 with no change [2] - The latest Euro to US Dollar exchange rate is 1.17 with no change [2] - The latest British Pound to US Dollar exchange rate is 1.37 with no change [2] - The latest US Dollar to Japanese Yen exchange rate is 145.27 with no change [2] - The latest US 10 - year TIPS is 2.01 with no change [2] Trading Data - COMEX Silver's latest inventory is 15561.77 with no change [3] - SHFE Silver's latest inventory is 1270.83, down 5.97 [3] - Gold ETF's latest holding is 953.39 with no change [3] - Silver ETF's latest holding is 14866.19, down 50.88 [3] - SGE Silver's latest inventory is 1378.88 with no change [3] - SGE Gold's latest deferred fee payment direction is 1 with no change [3] - SGE Silver's latest deferred fee payment direction is 1 with no change [3] Data Source - The data in the report is sourced from Bloomberg, Yong'an Yuandian Information, and Wind [10]

Precious Metals Market Overview - Gold price reached 3325, showing a year-to-date increase of over 26% [1] - The market anticipates a potential double top for gold in the first half of the year, suggesting a need for a significant market shock to drive prices higher in the second half [1] - A $4,000 target for gold is projected, potentially materializing by 2026 [2] Performance of Other Precious Metals - Platinum is experiencing significant upward momentum, with prices hitting 1200 this morning and potential for further gains [2] - Platinum is expected to outperform palladium, which is also seeing price increases [2] - Silver is currently trading at 36 and is projected to reach 240 [3] Factors Influencing Precious Metals - Geopolitical factors and a worsening US budget deficit could provide further upward momentum for precious metals prices [3] - The second half of the year may not be as strong for gold compared to the first half [3]