Although the negotiations between the US and Iran have tempo...

Although the negotiations between the US and Iran have temporarily eased the risks of geopolitical conflicts, which is one of the factors contributing to the decline in gold prices, the current drop in gold and other non-ferrous metals is clearly an abnormal plunge.

On the first trading day of February, global asset markets collectively fell, which is an unusual signal, raising concerns.

On January 28, I wrote an analysis on the global dollar siphoning and risks, essentially aiming to emphasize that we are currently in a dollar release cycle. As long as the US does not experience economic or financial systemic risks, the dollar will not trigger a global capital drain.

However, judging from the current trends in various global assets, there are signs suggesting that the US might be initiating a self-rescue by drawing capital globally. It's possible that hidden risks within the US economy or financial system may emerge again, even though they haven’t been exposed by the media yet, it has already raised alarms.

Of course, my current perspective is purely speculative. I hope experts can verify this among themselves; I need more perspectives to assess whether the US is at the tipping point of any systemic risk exposure!