投资

This week, affected by the US Thanksgiving holiday, market trading volume has been very low, which is a typical characteristic of Thanksgiving trading.
However, due to CME's data center failure on Friday, spot gold and silver fluctuated violently, and continued to rise after futures prices resumed quoting. Gold prices increased by nearly $150 this week, returning above $4200; silver's surge was even more fierce, once soaring to $56, refreshing its historical high.
In terms of data, the US September PPI and retail sales data performed poorly, and the weekly private sector employment data released by ADP was also quite weak.

Recently came across the story of an Alibaba P7 senior engineer, which really made me feel so emotional that I couldn't sleep😮‍💨
A technical elite holding a 700,000 total package, who has spent ten years in a big company, suddenly finds himself in a desperate situation after being laid off—after sending out hundreds of resumes with no response, he is criticized by HR during interviews for being 'too old and low cost-effectiveness'. The monthly mortgage of several tens of thousands suffocates him, and in the end, he can only watch helplessly as his house is auctioned off, everything he fought for over ten years goes back to zero, and he even owes money to the bank, directly 'returning to poverty' as he was ten years ago.
As someone who has been in the cryptocurrency industry for 13 years, I have seen many cases of contracts liquidating, projects running away, and assets being wiped out overnight. However, this news hits harder than the black swan events in the crypto world. The risks in cryptocurrency are 'open and clear'; you know that contracts have leverage, and meme coins might go to zero, so you instinctively set stop-losses and control your positions. But the 'traps' in reality are hidden beneath a 'stable' facade, leading you step by step into a desperate situation without realizing it.