After the big shots collectively sang bear for gold
At the The Year Ahead 2026 outlook summit on November 28, top investors from the internet, including Hong Hao from Lianhua Asset, Li Bei from Banxia Investment, and economist Fu Peng, shared the stage to discuss topics ranging from gold to AI, and from macroeconomics to a 1 million allocation... They unanimously expressed the view that gold has already peaked.
After a group of big shots passionately discussed and collectively sang bear for gold, gold still managed to advance steadily, surprisingly reaching a historic high. Spot gold once rose over 2.3% during the day, while spot silver rose 3.3%. Year-to-date, gold and silver have respectively increased by 69% and 137%, achieving the highest annual growth since 1979.
Although it does not compare to the explosive rise of smaller commodities such as silver and platinum (as shown in p2, gold has the highest global market capitalization, reaching 31 trillion US dollars; silver only has 3.9 trillion US dollars, roughly equivalent to the market value of Apple Inc.), gold, as the leader, is undoubtedly an important barometer for the entire market's bullish outlook on precious metals, after all, gold is faith.

