BILI|5月 11, 2026 23:03
Rate cut expectations and U.S. Treasury yields are putting pressure on the dollar's credibility. On top of that, the failure in the Persian Gulf operation makes me believe the dollar will continue to weaken, which is also the biggest factor driving gold prices up.
Conclusion: I'm betting on gold going up. Just jotting this down—let's check back in a few months to see if I win or lose.
Specific products:
Futures: SHFE Gold, 1,045 yuan
ETFs and options: 3x long gold miners GDXU, $225
Spot: CMB Gold, 1,045 yuan
Also holding some silver positions.
PS: Gotta say, GPT image 2.0 is insanely good at generating images!
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