Gold, Silver Prices Soar to Records, But a Major Crash Looms

• Gold and silver hit unprecedented highs: COMEX Gold Futures at $4,581/ounce, March Silver Futures at $76.32.
• Silver's parabolic rise, including a $4.50 single-day jump, is unsustainable and signals an interim peak.
• Technical indicators like RSI show extreme overbought conditions: Silver's RSI at 93.86 (highest since 1980), Gold's RSI at 95.94 (exceeds 1980 peak).
• Historical data suggests a sharp correction: In 1980, similar RSI levels led to gold and silver prices plummeting over 50% within months.
• Experts warn of a potential heavy fall in 3 months, advising caution for investors, though new stable price floors are expected ($3,000 for gold, $45-$50 for silver).

Why It Matters: Record gold and silver prices, driven by unsustainable growth and extreme RSI, signal an imminent major correction.