There’s nowhere else to park cash with bonds broken, crypto unstable, Japan hiking, and China already heated. Metals aren’t just a trade, they’re the last real safe harbor left before the next wave hits.
BofA's contrarian sell signal got triggered
Since 2002, 16 sell signals have been followed by a median 2.7% decline in global stocks over two months, with a 63% hit rate.
Max drawdowns typically reach ~4% after one month, ~6% after two months, and ~9% after three months, while… pic.twitter.com/cNEyzB0OAF
— Connor Bates (@ConnorJBates_) December 23, 2025
Why are precious metals running?
Two reasons:
1. The US market is deep in its final stage of its Bull Market and smart money is rushing ahead of the sell off and rotation
2. There is no other place to put your Cash, other than a Money Market Fund….and some people expect more than +4% returns.
– Bonds have failed as an alternative since their Crash in 2021 and have still not recovered
– Crypto is not behaving like a Safe Haven
– Japan is raising Rates
– China and the HSI have been running aggressive too and although their positions are still undervalued compared to US equities, they have caught up a lot this year.
So what’s left?
– Precious metals – historical safe havens, a form of utility, they were undervalued, widely available now and trusted and a trade war has made them more attractive too.
Why are precious metals running?
Two reasons:
1. The US market is deep in its final stage of its Bull Market and smart money is rushing ahead of the sell off and rotation
2. There is no other place to put your Cash, other than a Money Market Fund….and some people expect more…
— The Long Investor (@TheLongInvest) December 23, 2025
$VIX At the lowest it’s been all year.
Now $13.70. pic.twitter.com/v4mbwU7ASj
— Han Akamatsu 赤松 (@Han_Akamatsu) December 23, 2025
On April 10th, I called the Nasdaq Composite's bottom near 15,000, highlighting the nascent formation of a broadening pattern. I included a chart projecting its potential rise to around 22,000, before a major sell off in late 2025 early 2026.
Incredibly, and as expected, the… https://t.co/jfVfPhkSne pic.twitter.com/t1S1MMCV4z
— The Great Martis (@great_martis) December 23, 2025