Economic Analysis on ByF (BaiFan) · Daily Deep Think

Gold Market Trends: Precious Metals Amid Global Uncertainty

blog@baifan.site (ByF (BaiFan)) — Fri, 28 Nov 2025 20:00:00 +0800

Is the gold bull catching its breath, or is it over?

Gold is generally considered a safe-haven asset, typically shining when the economy runs too hot or too cold.

By Xu Xiaoqing Chief Macro Strategist, Dunhe Asset Management Co., Ltd.

Since the start of 2025, gold has climbed steadily from around $2,600 an ounce, at one point approaching $4,400 — a peak gain of nearly 69% for the year. But from October 20, it slid to as low as $3,900 within six trading days, a drop of 11%. Either this gold bull market has ended, or this is merely a pause for breath.

WSJ Deep Dive: Nvidia Chip Ban, Holiday Travel, Economic Signals

blog@baifan.site (ByF (BaiFan)) — Tue, 16 Sep 2025 20:00:00 +0800

📰 WSJ20251104
#

Before we begin: If today’s news had a soundtrack, it would be the tense, quiet hum of a machine spinning up. From Washington’s conference rooms to Wall Street’s trading floors to every one of our own bills, a set of critical switches is being flipped. Today we do more than read the news — we try to hear, behind these events, the sound of an era shifting gears.

The Economist, November 2025: Global Trends and Geopolitics

blog@baifan.site (ByF (BaiFan)) — Tue, 09 Sep 2025 20:00:00 +0800

The November 2025 issue of The Economist sketches a fractured global architecture: an escalating tech war between Washington and Beijing on one side, and defensive contraction alongside balance-sheet recession risks across major economies on the other.

The Economist November 2025 cover - a deep dive into global economic trends

Politics and Diplomacy: Strategic Decoupling Without Departure
#

US-China rivalry in semiconductors and infrastructure continues to escalate: new export controls meet supply-chain rerouting and localized component substitution.
Beijing deepens bilateral ties across the Middle East and the Global South through energy and industrial infrastructure pacts.
Domestic governance doubles down on preserving baseline stability amidst external containment.

US-China “decoupling” is like a separation where nobody moves out: they shout about breaking up, but deep down they are still calculating chip allocations.