"Trump $10,000 Trade": The Real Winner in 2025 Is Precious Metals, Not Cryptocurrencies

By reviewing the performance of core assets since Trump's inauguration on January 20, 2025, it becomes clear that the actual trend differs significantly from the general expectations at the beginning of the year.

Data shows that the true Trump trade this year is not cryptocurrencies or tech stocks, but a super cycle of commodities dominated by precious metals and industrial metals.

If an investor had invested $10,000 in silver on the day Trump took office, its current value would have risen to approximately $41,300, achieving an extraordinary 134% return, far ahead of other core assets. Gold has also surged strongly, with a 60% increase.

Analysts believe that the collective strength of the metal sector is driven by multiple factors, including ongoing geopolitical tensions (such as the Russia-Ukraine war and Middle East conflicts), trade policies under the Trump administration that imposed tariffs on multiple countries, and the rigid demand for specific metals (like silver used in chip manufacturing) driven by emerging industries like artificial intelligence.

This outcome also caused precious metals (especially silver), which are by-products of other metal mining, to face severe supply constraints. Coupled with surging industrial and green energy demands, the supply-demand gap continues to widen, causing prices to soar in a parabolic manner.

In contrast, cryptocurrencies, which had been eagerly anticipated at the start of the year, saw the Trump trade completely fall flat. Although the Trump administration implemented several crypto-friendly policies—adjusting SEC regulatory stance, establishing a national Bitcoin reserve, and promoting the legislative effort of the "GENIUS Act"—these measures did not sustain a continuous rise in prices.

While Bitcoin hit a new all-time high this year, its overall return since inauguration remains negative, with market sentiment subdued and capital fleeing from these highly volatile speculative assets.

This capital flow indicates that, amid policy, trade, and global order uncertainties, the market prefers hedging known risks rather than speculating on future technological innovations or regulatory changes.

In summary, under the macro cycle and geopolitical dominance of 2025, tangible assets with definite value outperform the narrative potential of digital assets.

The victory of precious metals is fundamentally a win of "physical over virtual" and "safe haven over speculation," reflecting that during this global transition period, capital prioritizes real risk hedging over distant expectations and game theory.

#特朗普交易 #2025 Asset Performance