Gold, aluminum, non-ferrous metals, and the recently popular nuclear energy, the cyclical stocks in Hong Kong and A-shares all rose strongly today. Like CNNC International, directly a 6% leading sector with long legs, short-term hot money is steady. Gold veterans rely on safe-haven new highs, like China Gold and Zijin Mining making their presence felt again. Lingbao Gold went crazy a while ago, and now it's taking a breather. Looking back, it's others hitting new highs while I miss out. Cyclical excitement, but it feels like everyone around is short-term, holding long is still a dilemma, betting on the rhythm seems to be the way out.
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