Key Takeaways Gold and silver plunged sharply, signaling a long-overdue correction after an outsized rally.A stabilizing dollar and "Warsh hawkish" trade reduced near-term support for precious metals.Gold's 2026 upside looks limited; silver may struggle too, despite AI-driven industrial demand.Gold futures plunged sharply on Jan. 30, 2026, sliding below $4,800 per troy ounce as prices pulled back from the powerful rally seen in recent times. Spot gold logged its steepest one-day drop since the early 1980s, ...

国内市场同步受到波及，记者实地探访深圳水贝黄金市场发现，受金价暴跌及春节临近影响，部分上游 料商选择"锁仓"暂停出货，导致下游商家货源紧张，零售端报价波动频繁。与此同时，国内商业银行集 体采取审慎措施，工行、农行、交行等三家大行在1月份相继要求客户办理黄金积存等业务前，必须完 成风险承受能力评估，建行等银行则上调了积存业务起点金额，多家机构同步发布风险提示，强调当前 金市波动加剧。 尽管短期市场情绪脆弱，高波动风险凸显，但机构普遍认为，黄金中长期上涨的核心逻辑未变。地缘政 治紧张局势持续、全球去美元化趋势推进，以及各国央行购金需求的支撑，仍将为金价提供结构性支 撑。业内提醒，普通投资者应理性看待短期波动，避免盲目追涨杀跌，合理控制仓位与杠杆，警惕市场 震荡带来的投资风险。本次金价暴跌也再次凸显了贵金属市场的周期性与风险性，市场正从前期的狂热 回归理性。 分析人士指出，此次金价暴跌并非偶然，而是市场过热后的技术性回撤叠加政策预期变化引发的双重冲 击。第一波下跌源于前期金价创历史新高后，获利盘集中了结，叠加杠杆资金平仓引发的踩踏效应，推 动金价快速下探；第二波下跌则由美联储鹰派主席提名及核心PPI数据超预期触发， ...

Key Takeaways The dollar hovers around a four-year low amid U.S. policy uncertainty and political polarization.Yen strength on intervention speculation dragged the dollar lower, lifting FXY while UUP slid sharply.A weaker dollar may boost commodities, EM and crypto-linked ETFs such as GLD, ECOW and BKCH.A key gauge of the U.S. dollar dropped to its weakest level in almost four years, thanks to a growing yen and mounting concerns over U.S. policy stability, per Bloomberg, as quoted on Yahoo Finance.Policy Un ...

Deutsche Bank just reset its gold price target in a big way to $6,000 an ounce, implying a nearly 14% bump from the current spot price of $5,267. Though the sharp upward adjustment stands out, it’s the rationale that packs the bigger punch. At this point, the shiny yellow metal is rallying without panic. For perspective, I covered gold on Jan. 23, when it traded around $4,957 an ounce. Within five days, gold is up another 6%, extending a rally that still has plenty of legs. For Deutsche Bank, the rall ...

近期国际贵金属市场迎来强势行情，现货白银价格日内一度大涨 14% 至 117.75 美元 / 盎司，刷新历史 新高，现货黄金同步攀升至 5111.17 美元 / 盎司的新纪录，贵金属板块的集体狂飙，背后是全球资金的 大规模避险布局。在这轮行情中，白银凭借金融与工业双重属性，涨势远超黄金，而资金的集体涌入， 本质是对全球市场多重潜在风险的规避，市场对各类不确定性的担忧正持续升温。 市场对这轮贵金属涨势的后续走向，存在着显著的多空分歧。乐观派认为，地缘风险常态化、美元信用 弱化以及白银供需缺口扩大的格局短期难以改变，贵金属的强势行情仍将延续，多家机构纷纷上调黄 金、白银的价格目标，法国兴业银行甚至预计金价年底前有望升至 6000 美元 / 盎司。同时，全球首次 入场的个人投资者持续增多，亚洲和欧洲的私人投资资金仍在加速布局贵金属，为行情提供了持续的资 金支撑。 谨慎派则警示着短期回调的风险，当前白银技术面已进入超买区域，金银比跌破 50，显著低于历史均 值，存在均值回归的压力。商品期货交易委员会数据显示，部分全球大型投资者已开始减持白银仓位， 获利了结的动作或引发价格震荡。同时，高银价可能倒逼工业端加速替代技术的 ...

Core Insights - The stablecoin market is currently dominated by USD-pegged stablecoins, which account for approximately 99% of the total market capitalization of over $306 billion, despite the emergence of alternative models [6][19] - The collapse of algorithmic stablecoins like TerraUSD has led to a cautious approach towards purely algorithmic models, with a shift towards stability through real liquidity and cross-chain reliability [1][7] - There is growing interest in diversified stablecoin designs, such as those pegged to baskets of currencies or commodities, as a means to reduce reliance on the U.S. dollar [8][14] Stablecoin Models - Algorithmic stablecoins have faced significant scrutiny following high-profile failures, leading to a preference for models that utilize collateral and liquidity [1][7] - Non-USD stablecoins have struggled to gain traction, with only three in the top fifty by market cap, highlighting the dominance of USD in the stablecoin ecosystem [3][6] - Tether's Alloy, a token over-collateralized with gold, represents an attempt to diversify away from the dollar, but has not gained significant popularity, with a fully diluted valuation of under $50 million [8][9] Market Dynamics - The dollar remains the primary reserve currency, but its long-term dominance is increasingly questioned, with geopolitical factors pushing discussions around de-dollarization [4][19] - The stablecoin market's reliance on USD is partly due to inertia and convenience, as institutions find it easier to adopt familiar USD-pegged models [5][19] - The potential for basket-pegged stablecoins to provide more stability in volatile markets is recognized, especially in countries with high inflation [14][15] Future Outlook - There is a belief that as political tensions rise, the trust in the dollar may decline, potentially leading to greater de-dollarization and a more diverse stablecoin landscape [18][19] - The success of alternative stablecoin models will depend on market acceptance and the ability to provide long-term stability over short-term convenience [19][20] - The evolution of stablecoins may lead to a coexistence of USD-backed and local stablecoins, balancing global liquidity with local monetary needs [20][21]

Company Overview - Blende Silver Corp. is a Vancouver-based junior resource company focused on silver-zinc-lead exploration and development at its flagship Blende Deposit in north-central Yukon, which is the largest carbonate-hosted Ag-Zn-Pb deposit in Yukon and one of the largest undeveloped Ag-Zn-Pb deposits in Western Canada [6] - The property is 100% owned, winter-road accessible, spans 5,345 hectares, and is located 63 km northeast of Keno Hill, Yukon [6] - The company has invested over $9.2 million in past exploration, including $5.2 million by Blende Silver, with 25,195 meters of drilling conducted across 132 drill holes [6] Industry Event - Blende Silver Corp. will exhibit at the Vancouver Resource Investment Conference (VRIC) on January 25-26, 2026, from 8:30 am to 6:00 pm (PST) [1][7] - The conference is recognized as one of North America's premier gatherings for investors, industry professionals, and companies in the commodities and natural resource sectors, typically attracting thousands of attendees [4] - The event will feature over 120 keynote speakers, including mining CEOs and sector specialists, discussing market forces such as de-dollarization, geopolitical shifts, and supply-demand dynamics [5] Engagement Opportunities - Attendees are invited to visit Booth 1019 to meet the Blende team, learn about exploration activities in the Yukon Territory, and discuss the company's growth strategy [2][3]

Geopolitical Tensions and Trade Relations - Geopolitical tensions have escalated due to U.S. actions in Venezuela and President Trump's threats regarding Greenland, including potential tariffs on opposing countries [1][2] - European countries have increased military presence in Greenland in support of Denmark against the U.S., indicating a shift in alliances and potential retaliation against U.S. tariffs [2] Precious Metals Market - Precious metals, particularly gold and silver, have reached record highs, making them the best-performing asset class amid rising geopolitical tensions [5] - The structural story for gold remains strong, driven by factors such as de-dollarization and central bank buying, with recent geopolitical tensions acting as a short-term price catalyst [6] Gold Mining Industry - Agnico-Eagle Mines (AEM) is identified as a safe investment in the gold mining sector, expected to provide capital gains and dividends due to the strong performance of precious metals [7]

Core Viewpoint - Investors are increasingly moving away from U.S. assets, leading to a rise in gold and silver prices, while the 10-year Treasury yield reaches its highest since August, indicating a significant market shift [1][2]. Group 1: Market Reactions - The U.S. dollar has declined, and traditional safe-haven investments like gold and silver have surged to record highs amid market volatility [1]. - The Nasdaq and S&P 500 indices fell by 2% on the same day, reflecting investor unease over tariff threats from President Trump [7]. Group 2: Economic Insights - UBS Group CEO Sergio Ermotti emphasized that diversifying away from the U.S. is a "dangerous bet," highlighting the U.S. as the strongest economy with the highest level of innovation [1]. - In the previous year, the U.S. created 25 million new millionaires, averaging 1,000 new millionaires per day, showcasing significant wealth creation and innovation in the U.S. economy [3]. Group 3: Potential Risks - There is a risk of further de-dollarization if European countries begin selling U.S. bonds, with Denmark already selling $100 million in U.S. Treasuries due to concerns over U.S. finances [5]. - If Europe follows Denmark's lead, it could put an $8 trillion market at risk, as Europe holds twice as many U.S. bonds and equities as the rest of the world combined [5]. Group 4: Strategic Perspectives - Ermotti pointed out that UBS sees potential for increased market share and presence, driven by wealth creation, GDP growth, and innovation [4]. - Analysts warn against overreacting to tariff threats, suggesting that such reactions could lead to missing out on the long-term innovation that has driven stock market growth [7].

Group 1 - The New York Stock Exchange (ICE) is developing a platform for 24/7 trading of tokenized securities [4] - A new proposal is being considered that would allow 401(k) savers to use their funds for home down payments [4] - The U.S. delegation at Davos is the largest in history, with President Trump emphasizing an "America First" framework [5] Group 2 - Secretary of State Marco Rubio will focus on transitioning from multilateral treaties to transactional deal-making [5] - Treasury Secretary Scott Bessent will address tariff and financial policy, while Commerce Secretary Howard Lutnick will stress the importance of bringing manufacturing back to the U.S. [5] - The U.S. is threatening tariffs of up to 25% against eight European countries regarding Greenland, amid concerns over Russian and Chinese advances [5] Group 3 - Gold and silver have seen significant price increases, with spot gold reaching a record high of $4,730 per ounce, driven by tariff tensions and geopolitical volatility [5] - Institutional investors are diversifying into physical gold as trade flows de-dollarize [5] - Tesla may benefit from a Canada-China EV tariff deal [6]