Gold and silver plummeted

Countless teachers jumped out to show their profits from short positions

Before the crash

Teachers were bullish on gold and silver

Buy, charge, still not at the top

Teachers always profit

Retail investors following teachers always lose

In less than 36 hours, gold dropped from $5600 to $4700, silver fell from $121 to $77, and platinum and palladium were not spared. In less than two days, approximately $7 trillion in global precious metals evaporated.

The explanation given by short-term experts is: Trump announced the nomination of the Federal Reserve chair, Kevin Warsh, which disrupted market expectations. But this is just a reason found after the fact.

The real reason is very simple: this is the inevitable result of a bull market bubble. When prices rise to extremes, valuations detach from reality, emotions become highly consistent, and the market no longer prices in risk, only faith.

In this state, any news is just a trigger.

When the bubble is big enough, it will definitely burst, and it has no essential relationship with who said what.