Legendary contrarian Hugh Hendry returns to tear apart consensus macro thinking. We dive into price regime shifts, the collapse of old valuation frameworks, and why silver, Japan, and volatility matter far more than inflation narratives or fiat-collapse hysteria. Hugh explains why the yen is experiencing the biggest currency crash in 50 years, why the Nikkei could 5x, why silver could reach $200, and why the dollar is misunderstood as a long-volatility asset.
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