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📈 The top 10% largest US stocks now make up a record 76% of the entire US equity market.

That’s more concentrated than:
– The Dot-Com Bubble (73%)
– The 1930s Great Depression (75%)

We are in uncharted territory. 🧵 2/
When market power is this concentrated, you don’t have a “broad” market anymore — just a handful of giants pulling the entire index.

If they fall, everything falls.

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Yes, we’ve discussed this topic before -
but I believe it’s important to bring it up again, this time with details taken directly from Donald Trump’s Executive Order.

What’s written in black and white makes the picture even clearer — and more alarming. 🧵 2/
🚨 The White House just signed an Executive Order to “Democratize” 401(k) investments.

Sounds nice, right?

Here’s what it really means and why it could turn millions of Americans’ retirement savings into a Wall Street casino.

🧵1/
💥 Is LBMA in trouble?

The U.S. is now shortening the gold supply chain.
Instead of London → Switzerland → New York,
the goal is to bring it all home.
Lower costs, more control...

…and another nail in London’s coffin.👇 2/
Gold destined for COMEX typically flows through:
🇬🇧 LBMA (pricing) →
🇨🇭 Switzerland (refining) →
🇺🇸 New York (delivery)
This setup made sense decades ago.
Today? It's overly complex, expensive, and slow.

🧵1/

🚨 UBS just dropped a warning:
U.S. tariffs on large gold bars (1 kg & 100 oz) could spark serious funding stress in global bullion markets.

Let’s unpack what’s happening - and why this might ALSO shake the silver market. 👇 2/
The U.S. just slapped tariffs on large gold bars — the same bars used in wholesale markets and in "EFP" trades.

What’s EFP?

🔄 Exchange for Physical: a swap between futures and physical metal (and vice versa).
Standard practice in global bullion trade.

🧵 1/
What if the U.S. revalues its gold reserves -
and prints new money based on that difference?
And what if they do it without ever proving the gold is really there?
Sounds insane?
Hold on -because it could still raise the price of gold. 2/
Official U.S. gold holdings:
🔸 261.5 million ounces - according to official U.S. Treasury data, the U.S. holds 261.5 million ounces of gold.The last audit took place in the 1950s.

🔸 Book value: $42.22/oz
🔸 Market price: $3,435/oz

The difference = nearly $888 billion.

And the government wants to push that into the budget
just by changing the number on paper.

🧵1/

Everyone’s watching #silver prices.
But the real story? It’s happening deep inside the copper market.

And if you’re not paying attention — you’ll miss the next silver squeeze.

Let me show you why 👇 2/
📉 Spot treatment charges for copper concentrate have started rising again after months of declines.

It’s a signal: smelters are finally cutting back production due to ore shortages.

For the first time in months, reality is setting in.

🧵 Thread: Global Silver Production Is in Structural Decline

What happens when demand explodes... and supply quietly slips away?

Let’s break down the numbers. ⛏️
#SilverSqueeze #Silver 1/
The world’s #1 silver producer, Mexico, is showing a clear decline.

Production from Jan–May 2022 to Jan–May 2025:

📉 2,814 → 2,196 metric tons
That’s a 22% drop in just 3 years.
(Source: INEGI via SRSrocco Report)

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The silver in London vaults is vanishing.
Since 2021, more than 435 million ounces have disappeared from LBMA storage – that's roughly 37% of total supply.

Meanwhile, gold has dropped only 14%.

🧵Let’s talk about the ticking time bomb inside LBMA…
#SilverSqueeze #LBMA 2/
First: What is LBMA?
It’s not a vault. Not a bank.

It’s a private association that sets rules for large-scale gold & silver trading – for banks, refiners, ETF custodians.

Think of it as the club where the big players agree how the bullion game works.

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They say silver is “abundant.”
But what if I told you there isn’t even one ounce for every person on Earth?
Let’s break it down. 🧵
#silversqueeze 2/
The total global stock of investable physical silver (coins & bars – not ETFs, jewelry, or industrial use) is:
🔸 700 to 900 million ounces
That’s all that’s truly available to real-world investors.

🧵1/ Silver was hit with a textbook paper slam today – and we have the numbers to prove it.

Spoiler: Nearly 200 million paper ounces were dumped in under 2 hours on COMEX to kill the rally after weak US labor data. Let’s break it down. 👇 2/ The September 2025 silver futures contract ($SIU5) traded 49,772 contracts by 10:02 AM CT.

Each COMEX contract = 5,000 oz.

That’s 248.8 million paper ounces before most traders had even had lunch.