$XAG 🖇️ $XAU
If you saw the movie The Big Short, you will remember that Burry was the genius who predicted the financial collapse of 2008 when no one else saw it coming. Well, now this same analyst is pointing out something he calls the “collateral death spiral,” and the incredible thing is that this time the chaos did not start with Bitcoin, but with tokenized silver.
Burry explains that a very dangerous phenomenon occurred: many traders were trading digital silver with extremely high leverage (using a lot of borrowed money). As soon as the price of metals dropped a bit in traditional markets, a chain reaction was triggered. Platforms began automatically closing positions to cover debts, and this caused silver liquidations to be even more massive than those of Bitcoin.
It is a wake-up call from someone who knows how to detect cracks in the system. He tells us that, although the technology is new, the mistakes of excessive debt are the same as always. In the end, the traditional market tightened the rules, and the crypto world felt the blow more strongly than expected.
After seeing even an expert like Burry issuing alerts about this, do you think tokenized silver is a good way to protect yourself, or do you feel that the risk of these “spirals” is too high to be at ease?
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