according to a report released by Kobeissi Letter, the search interest index (0-100 points) for "silver" on Google Trends has risen to 83, reaching a historical high. Silver prices are expected to surge by 175% within 2025 and are likely to rise for 8 consecutive months for the first time since 1980. In just this year alone, the market value of gold and silver has increased by $16 trillion. The gains of gold and silver so far this year are 4 times and 8 times that of the S&P 500 index respectively, with the rise in precious metal prices benefiting from the further weakening of the US dollar. As Trump is about to announce a new Federal Reserve chair candidate, the market expects the Fed to adopt a more dovish policy. On December 12, when Trump was asked about the desired level of interest rates, his answer was "1%, or possibly even lower." Funds are flowing into the precious metals market as a safe haven asset at an unprecedented speed.

Bitcoin has fallen 6% so far this year, and Kobeissi Letter believes the crypto market is experiencing a mechanical bear market driven by excessive leverage liquidation, with Bitcoin expected to recover in 2026.