🚨 $10 TRILLION evaporated in 24 hours 🚨
This wasn’t volatility — it was a liquidation nuke that made crypto look like T-bills.
• Gold: −11.5% (−$600+)
• Silver: −32% in a single session
A forced execution of the leverage overhang, triggered by the one risk metal bulls forgot to hedge: Kevin Warsh 🔥
84,131.82 | +2.04%
The mechanics were brutal:
1️⃣ CME raised silver margins to ~11% earlier this week, choking levered longs.
2️⃣ Warsh headlines ripped the USD higher and killed the Fed debasement narrative in minutes 👀
3️⃣ Stronger dollar + balance-sheet discipline = kryptonite for the dollar-collapse trade that sent gold to $5,400.
Result?
📉 A cascade of margin calls that erased weeks of gains in hours.
Consensus is calling this the top.
I call it the flush.
The fundamentals haven’t changed:
• Sovereign debt spirals
• AI-driven silver demand
• Central bank accumulation
What changed is who holds the bag.
Tourist leverage is gone — wiped out by exchanges and policy risk.
Meanwhile, physical buyers (Tether, PBoC, family offices) are staring at a 30% discount on silver ⚡️
85.36 | −22.52%
Trade setup:
🔪 Let the knife fall.
The flush isn’t over until forced selling stops.
But when it does, the “Warsh discount” may be the buying opportunity of the year for physical allocators.
🚸 Warning: Not financial advice.
This content is for market awareness only.
👌 Thanks for reading.
