To The Moon

On January 19, COMEX gold futures closed up 1.77% at $4,676.7 per ounce, having climbed to an intraday high of $4,690, while the spot gold price reached €4,036.60. COMEX silver futures also saw significant gains, closing up 6.49% at $94.28 per ounce. Recent tariff threats from the United States targeting the European Union have triggered turmoil in financial markets. The threat of tariffs as high as 25% has severely impacted investors' risk tolerance. Consequently, demand for safe-haven assets like gold and silver has surged, while riskier assets such as Bitcoin and U.S. equities are facing pressure. Experts predict that by 2026, gold prices could far exceed $5,000 per ounce, with silver reaching $100. Beyond the current geopolitical tensions, factors including U.S. foreign policy, global de-dollarization trends, and the unsustainable debt policies of both Washington and the Eurozone are expected to continue propelling gold prices higher. As a crucial industrial metal, silver is also affected due to its demand from sectors like artificial intelligence, robotics, and energy applications. Against this backdrop, a surge in trading of "paper gold" and "paper silver" has emerged, while the physical supply of actual gold and silver bullion and coins is struggling to keep pace with demand. With buyers increasingly seeking to physically hold these assets at home, many metal dealers are experiencing a sharp increase in orders or are facing supply shortages.