Every instrument on earth has a failure mode. Equities gap down. Bonds get repriced. Real estate has a roof. Gold sits in a vault costing you storage.

The sound has never once failed to occur when the position went against the holder. Six years, zero missed signals, no counterparty, no settlement risk, no borrow fee.

It is a perfect leading indicator of a bad decision, published in real time, by the person making it.

Position: everything. Exit: none identified.