Michael Oliver has charted market momentum for four decades, and his metrics just flagged something the financial channels won't touch: Treasury bonds closing at their worst monthly level in 20 years.
The debt crisis that swallowed Japan is knocking on America's door, which explains the yen rescue, since a Tokyo forced to dump Treasuries for cash would light the fuse early.
Gold already knows, having beaten the stock market for a quarter century while silver still sits pennies above its 1980 high as copper runs six times higher.
On that gap closing: "If you're in the way of reality, you can get killed."
His war twist flips everything, because gold barely moved on this conflict, exactly like Ukraine in 2022, meaning peace could be the spark that sends it vertical while the bond crisis does the rest.
Wars end and headlines fade, but debased money always finds the exit.
@Oliver_MSA @WeTheBrandon
