Seeing a bunch of posts celebrating the crash in precious metals. Let me share my thoughts: 1. In the big picture, the decline of the US dollar is inevitable, and the long-term upward trend of precious metals as an alternative currency anchor remains valid. 2. Although the Fed doesn’t say it outright, their actions have essentially abandoned the 2% inflation target. Look back at the 1970s when this happened last time—check out how much gold surged. 3. Today’s big drop looks more like a self-rescue operation by the Big Four banks. The effectiveness still needs to be observed. 4. As for specific buy/sell points, there’s absolutely no rush to go long. This kind of technical pattern requires a long time to recover. As for me, sticking to the plan, I definitely don’t intend to go short right now. Woke up this morning to find the palladium I’m holding dropped 7.5%, while platinum only fell 0.7%. I decisively shorted platinum to lock in profits from palladium, and so far, it’s working out well—I even made some extra gains.