To The Moon

Last week, silver surged to a new high even as gold’s performance lagged significantly, far exceeding my earlier expectations. In hindsight, this trading and manipulation pattern bears resemblance to that of Ethereum/Bitcoin this year: the larger-cap asset first posts consecutive new highs, followed by a rapid rally in the smaller-cap one to hit an all-time peak. While such fundamentals-defying gains have proven short-lived in the crypto market, one should not go against the prevailing trend.Silver recorded a weekly gain of over 10% last week, and the emergence of a new high means there are no technical reference points to rely on. As long as it trades above the 54.4 level, the market is clearly dominated by bulls. Since its 2022 low around 17.4, silver has seen a rally of more than 300% i

The metaverse project is about to undergo unprecedented budget cuts amid the latest strategic shake-up by tech giant $Meta Platforms, Inc.(META)$ . The news triggered a strong reaction from the market, with shares rising more than 6% premarket. According to people familiar with the matter, the metaverse project, which Meta CEO Mark Zuckerberg had high hopes for, is expected to face budget cuts of up to 30% in fiscal year 2026. The cuts involve multiple core products including the virtual world platform "Horizon Worlds" and Quest virtual reality devices. If the budget cuts are as significant as expected, a new wave of layoffs may surface in January next year, but the final plan has not yet been finalized.This massive cut is a difficult decision mad