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I. Gold: Reconstructing the Ultimate Narrative by Breaking Through $3,370
[US Dollar]
On the morning of April 21, 2025, spot gold prices broke through $3,370 per ounce, with New York gold futures simultaneously surging to $3,375.9, creating a new record in human financial history. Behind this "gold rush" are the disruptive resonances of three forces: geopolitics, monetary systems, and capital flows.

1. Trump's Political Economy of the "Golden Rule"
[US Dollar]
Trump threw out on Truth Social the "golden rule of negotiation and success: those who own gold make the rules"...

Gold breaks through $3,370 to set a new high! Bitcoin hits 87,000 and makes a comeback: Trump's "Golden Rule" triggers the ultimate currency war

How will the future market unfold? Some institutional bigwigs have offered their perspectives.

Bitcoin fluctuates and breaks through $87,000. When will the Q2 turning point come?

As we enter the second half, how will AI play?

Written by: Zolo
It has been just over 4 months since the last review of AI projects. The originally promising AI narrative has been impacted by Trump's meme, the sudden emergence of deepseek, and trade barriers, among other factors. The on-chain liquidity has gradually become scarce, and a series of "unexpected events" have caused the AI bubble to burst prematurely.

After reviewing those projects last year, I have been continuously following up on basically all of them. It is obvious that some have gradually died out, some are still telling stories, some continue to work, and new things...

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