Group 1: Gold Market Analysis - The gold market is expected to experience significant fluctuations this week due to geopolitical developments and upcoming non-farm payroll data, with a focus on comments from central bank leaders, including Fed Chair Jerome Powell [1] - Gold prices initially fell but later rose, confirming a key signal with a double bottom at 3245, and a potential test of a double top at 3455 in July [1] - A bullish trend has been established as gold broke above 3300, with targets set at 3370 and 3400, supported by technical indicators showing a clear upward trend [1] Group 2: Employment Data and Economic Indicators - If ADP and non-farm employment data remain weak, coupled with dovish comments from Powell, the dollar is likely to remain under pressure, providing support for gold [3] - Concerns over the U.S. fiscal deficit and rising long-term inflation fears may allow gold to challenge levels above 3450 and potentially reach 3499 [3] Group 3: Domestic Gold Trends - Domestic gold prices have shown significant downward movement, but the long-term bullish trend remains intact, with expectations of a rebound [4] - The focus for domestic gold is on the support level at 755, with potential buying opportunities if prices stabilize above 760 [5] Group 4: Silver Market Analysis - The potential for deeper interest rate cuts by the Fed, along with U.S. fiscal and trade tensions, is expected to support the entire metals sector [7] - Silver prices opened at 36.089, experienced a drop to 35.783, and then rallied to close at 36.015, indicating a possible bullish reversal if the price breaks above 36.84 [7]

Group 1 - Federal Reserve Chairman Powell has consistently emphasized that the U.S. fiscal path is "unsustainable," particularly regarding the federal deficit issue [1][3] - Powell stated that while the Federal Reserve does not have the authority to set fiscal policy, long-term fiscal policy will significantly impact the economy [1] - Moody's downgrade of the U.S. AAA rating has heightened the urgency of the fiscal crisis, predicting a $4 trillion increase in deficits over the next decade if Congress extends the 2017 tax cuts [1] Group 2 - The White House and Congress remain calm in response to Moody's downgrade, with officials asserting that the debt issue is not a recent development [2] - The White House Economic Council Chair highlighted the importance of reducing the deficit, predicting that new tax legislation could lead to economic growth of 4.2%-5.2% annually over the next four years [2] - Powell did not comment on the downgrade but acknowledged that the rating's future impact on prices should not be overlooked [2] Group 3 - Powell suggested that policymakers should focus on mandatory spending areas like Medicare and Social Security rather than discretionary spending to address the fiscal issues [3] - He warned that an aging population will exacerbate the shrinking tax base and increasing welfare spending, making it crucial to address the long-term unsustainable budget deficit [3] - Powell's previous warnings about the expensive healthcare system and aging population are now manifesting in the form of credit rating downgrades [3]

导 语："德鲁肯经济学"：特朗普经济政策背后的隐形推手。 斯坦利·德鲁肯米勒（StanleyDruckenmiller）在华尔街备受推崇。 据熟悉他投资回报的人士透露，这位资深投资者在经营自己的对冲基金以及随后管理家族办公室的三十多年里，从未经历过亏损年份。 如今，这位 71 岁的亿万富翁的影响力已经超越了金融领域，他的两位得意门生正在唐纳德·特朗普（Donald Trump）政府的核心圈层中稳固立足。 通过斯科特·贝森特（ScottBessent）——现任美国财政部长，以及凯文·沃什（Kevin Warsh）——美联储（Federal Reserve）主席热门人选，德鲁肯 米勒的经济政策观点正变得前所未有的重要。 据知情人士透露，这位杜肯资本管理公司（Duquesne Capital Management）创始人、乔治·索罗斯（GeorgeSoros）旗下对冲基金的前成员，仍与贝 森特和沃什保持定期联系。 华尔街"独一档"的交易大师 熟悉德鲁肯米勒的人认为，他拥有惊人的市场洞察力，能精准识别有潜力的交易，并在必要时迅速调整自己的投资立场。 "在宏观投资领域，有斯坦，其他人只是其他人。"贝森特在接受FT采访时 ...