Understanding Gold, Silver, and Copper: Pei Feng guest Chen Dapeng guides you through new pricing opportunities for commodities amid the reconstruction of global order

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In 2025, under the resonance of “resource nationalism” and strong expectations, the global metals market delivered a stunning report card: silver soared 154% for the year, gold rose 67.4%, and even the somewhat lagging copper price recorded a 41.7% increase. However, price has never been merely a product of supply and demand—it is also the lingering warmth of order.

Yet, high returns often imply high risk. On January 30, 2026, with Kevin Walsh being nominated as the new Federal Reserve Chair, sharply tightening liquidity expectations poured cold water on the heated market. In just two trading days, silver prices plummeted by 30% as the market, in the chill of a liquidity winter, was forced to revisit the brutality of “mean reversion.”

But volatility itself is part of the pricing process. Against the backdrop of the current restructuring of the global order, the battleground among major powers has shifted from cutting-edge technologies like AI chips to the “fundamental building blocks” that enable these technologies—key metal assets. In the future, the metals market will no longer simply fluctuate with inflation but, catalyzed by the restructuring of global order, could witness even more dramatic premium cycles.

In this era of amplified market volatility, where risks and opportunities are multiplied, how should ordinary people anchor their positions? And where lies the “safety cushion” for steady returns?

Wallstreetcn has invited KP Research founder and WeChat blogger [Chen Dapeng] of “Peifengke” to launch a new master class—“Understanding Gold, Silver, and Copper: The New Global Metals Pricing Paradigm”. We will take you through geopolitical noise and reconstruct the pricing dashboard for gold, silver, and copper assets.

In the world of commodities, the most critical research does not come from models but from a deep understanding of the industry's texture.

While working at Zijin Mining, Chen Dapeng was deeply involved in primary-market mining investment, mergers and acquisitions, and industry practice. This deep immersion in the industry chain endowed him with a rare ability to see through illusory price signals and get to the core of physical asset transactions.

His subsequent research experience at Western Securities/Guoyuan Securities complemented his financial knowledge—enabling him to dissect complex macro narratives and translate them into actionable trading signals on the market.

As an “insider veteran” who has spanned primary and secondary markets and witnessed a complete industrial cycle, he will lead you through the market noise, uncover the fundamental operating logic of this round of trends, and precisely anchor asset coordinates amidst turbulent global changes.

In 2025, on his WeChat account “Peifengke,” Chen Dapeng continued to publish a series of in-depth analyses on global commodities trends, which not only gained wide recognition from readers but also began attracting increasing attention from financial news platforms and investment institutions.

At the end of 2025, Chen Dapeng was invited to the “Snowball Carnival” to share the stage with top industry experts such as Cheng Shi, Chief Economist of ICBC International; Liu Gang, Chief Overseas and Hong Kong Equity Strategist at CICC; and Dan Bin, Chairman of Oriental Harbor.

After participating in a commodities-themed roundtable at the 2025 Wallstreetcn Alpha Summit, Chen Dapeng was also rated as one of the “most popular guests” in subsequent audience feedback surveys.

This course will break down the following five core modules:

Iteration of the Global Resource Pricing Paradigm—from “Efficiency” to “Security” — How do resources shift from overcapacity in peacetime to “strategic redundancy” logic in times of contest, under the global order reconstruction?
Qualitative Transformation of Precious Metals Pricing Power — How does gold shift from a “US dollar credit instrument” to a “sovereign credit defense line”?
The New Pricing Paradigm for Base Metals — Dissecting the hard supply constraints triggered by traditional industrial output cycles and “resource nationalism.”
Pricing Boundaries & Valuation Models — Using the “90th percentile cash cost line” to lock in price safety margins.
New Opportunities in Strategic Minor Metals — Capturing the investment configuration value of critical metals.

Course Highlights:

Insider Perspective: An industry veteran guides you to see beyond illusory price signals and grasp the industrial texture of actual commodity trading.
Paradigm Reconstruction: Break down the logic of “strategic redundancy” under the global order reshuffling, and reveal how pricing paradigms are shifting from efficiency in peacetime to a security premium in times of conflict.
Hardcore Indicators: Rejecting empty narratives, we build an industry research indicator system to set objective boundaries for asset volatility.

Course Takeaways:

Understanding the Market: Systematically dissect the underlying logic behind the meteoric rise of base and precious metals prices.
Framework Building: Master the “Macro Beta + Geopolitical Alpha” analysis framework to precisely identify the asset allocation value of metals driven by resource nationalism and AI strategic stockpiling.
Practical Trading Sense: Build a trading dashboard for the changes of 2026, leveraging cross-market spreads and curve shapes to capture price anchors and secure a safe cushion for steady returns amidst volatility.

Friendly Reminder

This course includes a one-hour interactive Q&A session, where students may discuss their most pressing questions with Mr. Chen Dapeng and receive face-to-face answers. If you are interested, you may click here to sign up. For more details, feel free to scan the code in the image below to consult the course assistant.

Risk Warning and DisclaimerThe market carries risks, and investment must be approached with caution. This article does not constitute individual investment advice, nor does it take into account the specific investment objectives, financial situation, or needs of any particular user. Users should consider whether any opinions, views, or conclusions herein fit their specific circumstances. Invest accordingly at your own risk. ```