HEADS UP: MARKETS FLASHING RED
I’m tracking cross-market spreads right now — and they’re way off.
📉 Gold gap
📉 Silver gap
In normal conditions, arbitrage closes these gaps almost instantly.
When it doesn’t, it’s not an opportunity — it’s a warning.
⚠️ What’s happening beneath the surface: • Physical metal prices disconnecting from paper markets
• Settlement and delivery stress increasing
• Liquidity quietly evaporating
• Structural pressure building in the system
This kind of behavior isn’t random.
Precious metals sit at the foundation of global collateral.
When they distort, something upstream is already failing.
🧨 What tends to follow next? Metal volatility → risk assets unwind → fear spreads.
Don’t become exit liquidity.
Seen this play out before.
Signals like these are rare — and usually early.
2026 looks unforgiving.
Stay sharp. Stay protected.
#MacroAlert #Gold #MarketRisk #PreciousMetalsTurbulence $XAU
