🚹 THIS DOESN’T FEEL LIKE A NORMAL CYCLE

Gold ~$5,240 and Silver ~$115 together is rare in “healthy” markets.

When both metals surge, capital isn’t chasing profit — it’s seeking protection.

Silver jumping nearly 7% in one session signals urgency, not optimism.

Confidence in other assets is thinning.

Physical markets confirm it:

Silver trades above ~$134/oz in China and ~$139 in Japan — a clear stress signal.

The Fed is trapped.

Cut rates and gold explodes.

Hold rates and stocks, real estate crack.

No clean outcome — only rising volatility.