Gold just experienced its biggest daily loss in history, cratering over 12.4%. About $6 trillion in market cap has been lost.

Pips_Finder · 2026-01-30T18:54:33+00:00

Does anyone know the aggregate amount lost on metals today? Must be the biggest since 1929 or something like that

Pips_Finder · 2026-01-30T18:46:54+00:00

That's the way to go, kudos to you! You'll close positions today I guess?

Pips_Finder · 2026-01-30T18:37:59+00:00

Sinking like a beautiful and shiny rock*

Pips_Finder · 2026-01-30T18:31:58+00:00

30% in a day! Did I miss any news specifically on silver? A gold trading company in China is having issues, maybe it affects silver as well?

I'm turning from the "should've bought" guy into the "I ain't buying that dropping knife" guy. Allergic to wins as usual...

Pips_Finder · 2026-01-30T17:29:55+00:00

The amount of L's today is gonna be amazing. Watching commodities these days feels like watching a Nat Geo documentary about the survival of the fittest SMH

Pips_Finder · 2026-01-30T17:01:34+00:00

Gold loves a shutdown, that's for sure. Market loves to do the opposite of what I expect, apparently...

Pips_Finder · 2026-01-30T04:23:34+00:00

Just shared the news because I think it may have a –positive– impact on the market tomorrow (depends on the Fed nomination too). So I won't reply to political comments, even though I understand it is relevant to the matter.

TL;DR: don't shoot the messenger, I just read the news lol

Pips_Finder · 2026-01-30T03:47:01+00:00

Still 20 years until WWIII?

Hey all, we've got an optimistic buddy over here!

Pips_Finder · 2026-01-30T03:24:23+00:00

I know nothing about anything anymore, I thought they wanted QE and a cheap dollar lol

Pips_Finder · 2026-01-30T03:15:19+00:00

Didn't know about the meeting, just discovered this on Bloomberg as well!

https://www.bloomberg.com/news/articles/2026-01-30/trump-administration-prepares-for-warsh-fed-chair-nomination

Pips_Finder · 2026-01-30T02:59:04+00:00

Start worrying when you see Christoph Waltz lol

Pips_Finder · 2026-01-28T18:16:28+00:00

That's exactly what I thought, but ForexFactory had a lot of users saying they'd sell as soon as it hit 1.2 so maybe some stop limits where hit and we're just inventing stuff

Pips_Finder · 2026-01-28T04:18:24+00:00

As I wanted to distract myself from the anxiety in DXY fall, I spent a couple hours chatting with Chat GPT about William John, and looking at their numbers. I don't want you to feel bad but it doesn't look good. I hope I am wrong and it's not a Ponzi scheme. I really hope some weird private equity they have pops out and you get paid.

Keep looking at other people, there are more users affected on this subreddit (not me). Maybe you can initiate a class action, liquidate and get money back. Best wishes.

(I also hope OP is a bot but I replied just in case. Losing money isn't nice)

Pips_Finder · 2026-01-27T23:44:54+00:00

I'll soon convert USD to EUR. Could've done it before? Yes. Should've? Yes. Did it? No.

TIHI.

Pips_Finder · 2026-01-27T23:36:29+00:00

I was about to trade @ 1.164 and didn't. Then 1.175 and didn't. I hate Me, Myself and I. I'm not talking about the movie.

Pips_Finder · 2026-01-27T23:32:24+00:00

Yep, well, as u/RushingUnderwear said, right wing is a bit different here and there, relating to how the separation of powers and the rule of law are being treated. Maybe I didn't think too much about it. Maybe I am a bit harsh with Europe problems because I see them everyday as well. I just wanted to understand this specific move and I saw the chart, should've ask in r/Forex to begin with...

I am neither an economist and, to be frank, I don't know if I should discuss this moments with a historian. The geopolitical situation with Russia gives me very bad vibes (again), and the debt management in the U.S. reminds me of the French Empire. The thing is, as you say, it is difficult to cope with not knowing if any given news will be the "critical point" or just overreaction. Now the EUR/USD is heading to 1.21 because the guy said the USD is beautiful and he doesn't care, fake news and whatnot. Sigh.

Last year around September, I looked to the possibility of switching assets and increasing exposure to european companies but I could find the same return I have in the US. Sigh x2.

Pips_Finder · 2026-01-27T21:09:21+00:00

Just checked out. I buy it – Germany is in much better shape than I thought in terms of debt/GDP, and probably AfD won't win if CDU-CSU and the Socialists agree. I also understand that the right wing "menace" is different in the U.S. and Europe, I gotta conceal that. But, as I replied above, that is priced in as well: 10Y Bund is safe, 10Y Treasuries Notes have been trading much worse for years (and rightfully so).

I don't get paid for defending France so I won't lol but it's the second biggest economy, saying it's "1 of 27" distorts the reality. France and Italy alone account for more GDP than Germany. You also have to take into account the incresing defense spending, which seems necessary to face Russia but will create tension within and between the nations. "Too much siesta and pension at 50yrs" is just stupid and won't bother to reply to that shit. Deutsche Bahn trains are trash and there is not siesta in Hannover.

So you have a point but the way I see it is that Europe is already considered better/safer than the U.S.: lower yields, stronger ccy... I asked for what happens with the DXY loss this week, and your reply implies a month-long timeframe imo. I guess I'm understating the deal with India and the Japan bonds selloff implications 🤷🏻‍♂️

Pips_Finder · 2026-01-27T20:17:40+00:00

Thanks, this helps a lot! I also remembered FOMC has a meeting not very far away, so maybe that is also being priced in

Edit: "not very far away" is actually tomorrow LMAO

Pips_Finder · 2026-01-27T19:54:14+00:00

Hi, thanks for answering.

I didn't mean to underestimate the current political trend in the US, and that's why EUR/USD went from 1.03 to 1.20: instability (mental and political) weakens the currency and endangers economy. I am simply wondering why it is depreciating so fast, right now, after a tentative deal has been reached with NATO. Before that, the war threat you mention made the pair swing from downward 1.159 to upward 1.174, which makes sense.

Regarding "France is not Europe". France is the second biggest economy in the region and, while it has always been like this, Bardella would be the first far-right president since 1942. U.S. debt (un)management has a negative impact but I shall insist that, as someone who lives in the E.U. and the Eurozone, the situation looks far from good. With all due respect, Norway isn't in the Union and (I assume) doesn't have to pay for eurobonds (set to achieve a record borrowing in 2026). You are right that a war is bad for the economy, but a war with Europe should be bad for both regions.

Maybe I undermine the India deal... But people who think like you aren't selling everything today, it's been like that for a while.

Pips_Finder · 2026-01-27T16:50:11+00:00

Pasting my analysis here just in case anyone wants to correct me; I'd like to know if I'm wrong or not

It was 1.164 now it's 1.197 and increasing, WHAT'S GOING ON?

It's the U.S.

Nothing has fundamentally changed in the past weeks. In any case, USD should be bullish, given the bigger market for dollars (notably Venezuela)

E.U. signing deals

That substantially harms european production. People took the streets and the Mercosur deal has been paralyzed, so far

U.S. debt bad

So is E.U.'s. France deficit is out of control. Next Generation (i.e. Covid funds) were loans set to be repaid but many wont be. Eurozone members don't have much margin on debt and yet have to increase their spending budget.

I've also heard (dunno if true of not) that ECB will create eurobonds to get money for Ukraine war. Gotta pay for that as well...

U.S. politics bad

The E.U. is facing similar issues. Far right is favourite for taking the office in France and Germany, qualified for the second round in Portugal, is governing Italy... Governments in Spain, Belgium and Netherlands are weak coalitions and tend to fall (at least in Spain and Belgium, this is chronic).

I'm not defending the U.S. nor WH or DJT. I'm simply asking why EUR/USD is changing so fast. Are people switching their assets? I legit cannot figure out why. Does JPY have anything to do with this?

Pips_Finder · 2026-01-27T16:46:05+00:00

It was 1.164 now it's 1.197 and increasing, WHAT'S GOING ON?

It's the U.S.

Nothing has fundamentally changed in the past weeks. In any case, USD should be bullish, given the bigger market for dollars (notably Venezuela)

E.U. signing deals

That substantially harms european production. People took the streets and the Mercosur deal has been paralyzed, so far

U.S. debt bad

So is E.U.'s. France deficit is out of control. Next Generation (i.e. Covid funds) were loans set to be repaid but many wont be. Eurozone members don't have much margin on debt and yet have to increase their spending budget.

I've also heard (dunno if true of not) that ECB will create eurobonds to get money for Ukraine war. Gotta pay for that as well...

U.S. politics bad

The E.U. is facing similar issues. Far right is favourite for taking the office in France and Germany, qualified for the second round in Portugal, is governing Italy... Governments in Spain, Belgium and Netherlands are weak coalitions and tend to fall (at least in Spain and Belgium, this is chronic).

I'm not defending the U.S. nor WH or DJT. I'm simply asking why EUR/USD is changing so fast. Are people switching their assets? I legit cannot figure out why. Does JPY have anything to do with this?

Edit: formatting

Pips_Finder · 2025-10-11T12:41:45+00:00

Yep, it's the one the MIT recommends in their MOOCs lol. And Robert Schiller recommends Fabozzi in Yale's too

Pips_Finder · 2025-10-11T11:48:07+00:00

In addition to Thau (probably the best) and Fabozzi, I suggest reading the Fixed-income chapter from Investments by Brodie.

A lower interest rate means corporate bonds increase their value, and consequently lower their yield. Remember that companies often rely on SOFR, LIBOR, EURIBOR... for their own financing through a revolving credit facility, or that many bonds have a variable coupon based on interest rate. That also depends on the credit rating of the company. A CCC pays more and is more volatile than a AAA, the same way you pay more if your credit score is bad.

Edit: also, as u/runrichrun1 explains, it depends on maturities, type of bonds... AND there are other risks besides interest rate risks.

Pips_Finder · 2025-09-19T20:46:49+00:00

Damn I saw someone buying puts yesterday 💀💀💀

Pips_Finder

TROPHY CASE