The recent surge in precious metals prices traces back to a massive liquidity injection reshaping global markets. In just twelve months, monetary expansion has skyrocketed by approximately $4.5 trillion—eclipsing the entire Treasury holdings of the world's largest central bank.

When this scale of capital floods the financial system, it doesn't sit idle. Investors seeking yield and inflation hedges naturally gravitate toward hard assets. Metals become the obvious play: tangible, historically correlated with currency debasement, and increasingly relevant as macro uncertainty intensifies.

This isn't isolated to commodity pits. The liquidity wave reverberate across all risk assets, reshaping allocation decisions from institutional portfolios to retail traders. For those tracking macro cycles and asset correlations, the vertical move in metals isn't random—it's a textbook response to unprecedented money supply dynamics.

The broader question: how long can this liquidity engine run before broader market repricing becomes inevitable?