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M
Michael Burry Tracker

Mar 23 at 03:57 PM

Breaking: Pawn shops are outperforming banks

If you didn't know, pawn shops are the "bank" for lower-income consumers:

• They lend when traditional banks won't

• They profit from rising gold and silver prices

• They see increased activity during economic stress

Historically, spikes in this ratio have preceded difficult market periods

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