Previously, @Guangdong Yellow Hair Second Generation seemed to have mentioned the issue of Little Gu's slow reaction time. Apart from LMT, this stubborn focus on precious metals is another classic example. Gold started taking off from mid-2024, and the positive impact of central bank purchases has been gradually realized; silver, following a surge in new energy demand, suffered a heavy blow after the positive gamma was exhausted; copper is facing historically high inventories. Coupled with geopolitical tensions hindering interest rate cut expectations and weak consumer confidence, it's only natural for precious metals to move sideways or even decline—a scenario that already played out from April to September last year. Trying to bottom-fish the defense sector now is nothing but path dependency. Of course, Little Gu could aim for a bigger picture and salvage his dignity with value investing (since he didn't use options anyway). How long he can hold depends on his mental fortitude. Additionally, given Little Gu's 'supermarket owner' nature, it's believed he won't be able to hold until September.