🚨 Serious problem in the markets

Gold is sharply rising while stocks are at historic highs — a rare combination that usually ends badly. Since the beginning of the year, gold has increased significantly, which is unusual for periods of stock market euphoria.

Historically, gold moves against risk assets. When stocks hit records, capital goes into growth rather than protection. But now both stocks and gold are rising simultaneously — this is a signal of underappreciated risk.

This has happened before:

• 1999 — stocks at their peak, gold stable.

• 2007 — stocks near their highs, gold in demand.

In both cases, gold preceded stress, not growth.

The key is who is buying:

• These are not retail investors.

• Central banks and governments are massively accumulating gold (especially China).

• They are reducing dependence on debt, fiat, and currency volatility.

• This is not a hedge, but preparation for potential changes in the global financial system.

Conclusion: when gold and stocks rise together, risk is ignored. History shows — stocks are usually found to be overvalued.