U.S. markets are showing risk-off behavior as Bravos Research highlights a breakout in the gold-to-silver ratio, echoing warning signs before the 2020 and 2008 crashes. The ratio signals a growing investor preference for gold over silver, which has historically preceded sharp downturns. The CBOE Volatility Index surged over 100% over three sessions, closing above 45 for the first time since the pandemic and financial crisis. Bravos sees long-term buying opportunities and cautions against aggressive shorting amid Trump's tariff risks.
