In a bearish pattern of lower lows and lower highs.

The speaker is building a long position, indicating a slightly bullish bias, but warns to be careful around the $2,500 level.

Experienced a sharp decline of 18% during the volatile 'Warsh Wreck' period, in line with the sell-off in precious metals.

Identified as a current investment opportunity and a 'catch-up trade' relative to Gold and Silver, with 'a lot of space to run'. Believed to be 'only beginning to wake up' as capital may rotate into it.

Identified as a 'catch up game' trade, as it is just 'beginning to wake up' and has lagged the performance of gold and silver, which have already rallied.

Mentioned as a tokenized commodity available for trading on the Hyperliquid platform.

Mentioned as having reached recent all-time highs, serving as a parallel for a predicted crypto rally.

A recent dip is viewed as a new, potentially better risk-to-reward entry opportunity for a continuation of the uptrend.

Suggested for a 2.5% allocation in a sample precious metals portfolio to capture potential outperformance (beta) alongside a core gold holding.

Prices fell sharply in reaction to a US policy decision to hold off on imposing tariffs on rare earths, causing a quick price reversal.