🦢 BIS: The gold market and other risky assets (like US stocks) have begun to show the characteristic signs of a BUBBLE.

➥ Gold has ceased to fulfill its traditional role as a safe haven.

❗️The sharp rise in gold was accompanied by an upward movement in other risky assets, reflecting unusual market dynamics and indicating signs of a bubble.

➥ Retail investors drove gold prices even higher, turning into speculators and reacting to every news headline.

➥ For the first time in 50 years, gold and stocks simultaneously entered a phase of explosive growth – this synchronicity indicates that the market structure is cracking.

➥ History knows similar surges – in 1980, a similar euphoria ended with a sharp collapse in the gold market.

➥ Expectations of interest rate cuts by global central banks (especially the Federal Reserve) have inflamed risk appetite – asset prices are rising, and speculative excitement is only intensifying.

The Bank for International Settlements (BIS) is a supranational organization uniting the central banks of dozens of countries and playing a key role in coordinating global financial policy, developing regulatory standards, and monitoring risks.