Credit Cycle Distractions: First Brands Fallout

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The Day Silver Spoke and AI Went Industrial

The age of abundance is over: compute, energy, and silver say so.

Acid Breath Daily is Hugh Hendry’s financial freak show : a daily dive into markets where logic wrestles madness and central banks juggle chainsaws. It’s macro with a migraine, tequila spilled on spreadsheets, silver screaming at AI, and politicians pretending they can count. No safe takes, no sermons, just volatility with a pulse.

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