Precious Metal Bubble?

Some analyses indicate that the price of gold has risen by 65% (YTD), and the price of silver has increased by over 170%, which exceeds the reasonable range of all traditional valuation models.

The Bank for International Settlements (BIS) has issued a warning, believing that both gold and certain tech stocks are currently in a 'bubble-like' area. Historically, when such consistent expectations reach their peak, it is often accompanied by severe technical corrections.

People are often easily misled by 'historical probabilities', thinking that they have grasped the true trading holy grail from a rational perspective.

The historical probabilities before 911 wouldn’t tell you that the Twin Towers would collapse, and the turkeys before Thanksgiving wouldn’t know what the farm is primarily for.

Maintaining skepticism about everything is the only way to retreat unscathed during a critical crisis. Even if you tell me that the sun will rise in the east tomorrow, that is merely 'historical law.' History cannot predict the future; that is the true trading holy grail.

Assuming that the credit monetary system collapses after more than 50 years, are you really prepared to return to a collateral monetary system?