"I should have known better. Just as the Dow Jones Industrial Average neared the 50,000 milestone in early January, a producer called to interview me about what was pushing stocks higher. Soon after, stocks retreated but then recovered. The Dow finally broke through the 50,000 level on February 6. Concurrent with stock market gyrations, other assets, like precious metals and crypto, took investors on a wild ride. Here's what we have learned from the first five trading weeks of the year:"
"After the 2024 presidential election, bitcoin crossed the 100,000 mark, as investors believed that President Donald Trump would be true to his promise of being the first crypto president. His administration was filled with crypto-friendly people, who watered down regulations, prompting all sorts of investors to buy into the craze. Bitcoin did soar above $126,000 in October 2025, but just a few months later, its value has almost been halved. Ouch."
"Some investors who didn't get their buy orders in for crypto were lured into gold and silver, which have enjoyed massive gains over the past year or so. Considering that my career started as a gold, silver and copper options trader on the floor of the Commodities Exchange of New York, I can state with certainty: Beware of the whippy nature of commodities markets!"
The Dow Jones Industrial Average approached and then surpassed the 50,000 mark amid early-year market swings, while precious metals and cryptocurrencies saw dramatic volatility. Bitcoin surged past six figures after the 2024 election amid perceived pro-crypto policies, climbed above $126,000 in October 2025, then lost roughly half its value within months. Gold and silver experienced rapid gains followed by abrupt declines, including a 9% plunge in gold and a 25% drop in silver on January 30. The narrative warns investors to avoid bandwagons and to limit speculative positions—recommended under 5% of total investments—to manage downside risk.
Read at www.mercurynews.com
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