Last night, gold saw violent intraday swings, briefly surging to $5,595.4/oz, setting yet another all-time high. But sentiment flipped in an instant. Gold sold off sharply from the highs, plunging to an intraday low of $5,110.87, down more than 5.6%, marking the largest intraday drop since October 21 last year. Fortunately, the scare passed without disaster. Gold eventually closed only 0.69% lower, allowing investors to breathe a sigh of relief. Before the shock had fully faded, selling resumed today. Gold once again slumped more than 4.5% intraday, slicing through the $5,400, $5,300, and $5,200 psychological levels in quick succession, before bottoming out at $5,131.5. The rapid sell-off hammered gold miners. $Chifeng Jilong Gold Mining Co.,Ltd.(60
Historic milestone: South Korea’s stock market surpasses Germany
Yesterday, South Korea's stock market reached a total market capitalization of $3.25 trillion, surpassing Germany's $3.22 trillion to become the world's 10th largest stock market! From a year-to-date perspective, the KOSPI has surged more than 20%, making it the best-performing major equity index globally. In contrast, Germany’s DAX is up just 1.6% over the same period. South Korea's large-cap indices posted even stronger gains, with the KOSPI 100 index rising over 25% year-to-date and the KOSPI 50 index climbing more than 26%. Against this backdrop, Korean ETFs have shone brightly: $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ has delivered over 94% returns this year, $南方两倍做多海力士(07709)$ has sur
🔥South Korean stocks are surging — retail investors, what now?
South Korean equities have roared into 2026. The KOSPI is up more than 17% year-to-date, leading global markets and emerging as one of the standout performers worldwide. Korea-focused ETFs have done even better. The 3x leveraged $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ has surged over 65% so far this year, the largest Korea ETF $iShares MSCI South Korea ETF(EWY)$ is up 19%, and Hong Kong–listed 7709 $CSOP SK Hynix Daily (2x) Leveraged Product(07709)$ has climbed about 30%. A market dominated by three names Unlike the US or A-shares, Korea’s market is extremely concentrated. Total market cap is about US$3 trillion, but
Trump Retreats on Greenland Rhetoric, Gold Prices Pull Back — Opportunity or Market Peak?
Trump has reversed his position once more. Speaking at the Davos Forum yesterday, he publicly dismissed any plans for military action to take Greenland. “This will probably be my biggest surprise,” he told the audience, “as people actually thought I’d use force.” Simultaneously, he posted on social media that the US would not levy tariffs on European countries opposing the potential Greenland acquisition, claiming a “framework for future agreement” has been established. Gold prices fell sharply in response, dropping over 1% intraday. $ETFS Physical Gold(GOLD.AU)$ declined in overnight trading: $SPDR Gold ETF(GLD)$ and $Gold Trust Ishares(IAU)$ slipped more than
America’s Push to Take Greenland: Is the Global Order Falling Apart, and Will Defense Be the Winner?
Back in 2017, the Trump administration floated the idea of acquiring Greenland. In interviews, Trump said he was fascinated by the deal—the island is massive, and in his words it would be a “great real estate transaction,” one that would secure his place in history.In 2019, Denmark shut it down—hard. Copenhagen called the notion of selling Greenland and its people “completely absurd.” Many observers wrote the proposal off as a joke.Then early 2020 hit. COVID exploded, domestic crises took center stage, and the Greenland idea was shelved.Fast-forward to 2025. Trump is back in power, and the Greenland purchase is back on the table—this time with real momentum.The world can’t laugh it off anymore. To signal support for Denmark, several European countries staged symbolic military exercises in
Gold is ripping higher — is it still worth jumping on board?
Recently, gold has entered a frenzied rally mode, consecutively breaking through the $4,600, $4,700, and $4,800 thresholds, charging straight toward the $5,000 mark:Driven by gold prices, gold ETFs have emerged as the year's top-performing assets. $MicroSectors Gold Miners 3x Leveraged ETN(GDXU)$ has surged by as much as 66% year-to-date, while the non-leveraged $VanEck Gold Miners ETF(GDX)$ has climbed over 20%. Even $SPDR Gold ETF(GLD)$ , which closely tracks gold's movements, has risen more than 10%:On the news front, gold has been seeing an overwhelming number of bullish developments recently. First came the highly unusual move by the United States to deploy fo
TSMC Earnings Blowout — Is a New Semiconductor Rally Starting?
On January 15, $Taiwan Semiconductor Manufacturing(TSM)$ released its Q4 earnings report, delivering a major upside surprise. Shares surged more than 7% intraday, hitting a new all-time high, with market capitalization approaching the $2 trillion milestone.With TSMC's boost, semiconductor stocks surged collectively. $ASML Holding NV(ASML)$ has climbed over 7.5% in the past two trading days, hitting a record high share price and surpassing a $500 billion market cap—making it the third European company to reach this milestone! Meanwhile, $Micron Technology(MU)$ rose over 8.8% to set another all-time high, with a year-to-date gain of 27%!As a result, semiconductor ETFs