Last time we mentioned silver, the price was around $56. Today it successfully broke through $60/ounce, setting a new all-time high. The Pan American Silver Index in the US has also surged recently! This year, among major asset classes, silver has surprisingly been the best performer, with gains exceeding 100%, followed by gold. Both have outperformed the S&P 500 and #BTC 🥲 We can only sigh in embarrassment. #BTC's surge will most likely have to wait for the Fed's $45 billion monthly Treasury bond repurchase program in 2026 to provide further easing stimulus! Since we've been writing about asset allocation strategies for 2026, it feels increasingly difficult. Looking around, all asset prices are currently not cheap! 🧐