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Gold took a big hit, and silver took an even bigger hit this week.

Check the past two silver reports and Rafi Farber has been warning about this, tipped off by both open interest and bullion bank short positions in the nosebleed section.

Meanwhile, the yield curve is getting very close to uninverting.

The last 4 times this has happened (1990, 2000, 2008, and 2019), it almost immediately preceded a recession coupled with the customary financial mayhem.

Will the same thing happen this time? Probably, but not in the exact same way. But it's definitely coming.

Video Length: 00:16:45

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