Rafi Farber: Fed hikes leading to final liquidity crunch

We’ve seen this movie before. Asset prices deflate, the #dollar spikes as companies scramble to service their dollar debt, silver and gold sell-off, and Europe finds itself in another financial crisis.

Except this time, price inflation just. Keeps. Raging. Higher.

We’re not at the turning point yet for the precious metals, but it’s coming, and when it does, it’ll make 1980 look like a leisurely stroll on the liquidity beach.

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