The situation couldn’t get more bizarre at Nvidia when it released its results last week. While the company reported record Q4 2023 earnings, there are some troubling signs behind the revenues that provided the profits. This is only part of a series of very strange financial chip purchases with Nvidia.
Nobody Special Finance, who did a great presentation on Nvidia at the Silver Symposium, continues to research the strange things taking place at the company. In his most recent video update, he shows how Nvidia is selling its AI Chips to Hyperscale Nexus, which seems to be a Cartel front for selling the chips to xFusion. Gosh, it is that bizarre.
Thus, the Great AI Nvidia Boom is likely a massive Bubble, similar to, but even worse than, the 1999-2000 Tech Bubble.
While precious metals are frustrated by Bitcoin, Tech Stocks, and AI… don’t be. The ENERGY CLIFF will come down very hard on highly leveraged technology.
Watch this video first and then the one below:
You can click on YouTube to go directly to the YouTube page, you will see all the links for the research.
This next video raps up his three-part series on Nvidia with an update, including legendary Short Trader, Jim Chanos discussing how tech companies are funding their own customer revenues… LOL. This was one of the RED WARNING signs back in 1999, which led to the POPPING of the DOT.COM BUBBLE.
You can check out more of his work on YouTube: NobodySpecialFinance.
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Thanks Steve. Con men all around… and lots of gullible folks also. I’m with you, and I’m just very glad I have what I have in precious metals. Come high, come low, mine are not going anywhere. A very good sense of security. Enjoy your weekends all.
An Amazing revelation. Thanks Steve to bringing all this to our attention. A big shout out to “NOBODYSPECIALFINANCE”. What chance does the average investor have in the stock market? Well anyway spot gold went up to $2,083/ounce today.
“What chance does the average investor have in the stock market?”
A fantastic chance from about 2012 to now, and until the market has a correction of the size that is called a crash. An ethical, knowledgeable investment person working only on commission helped most people that have gotten wealthy in equities during that time. Or you can be like my cousin, who has been investing in stocks many decades and manages his portfolio. He’s doing great. Self management begins with buying stocks with historically reasonable P/E ratios.
I’m visiting El Salvador and the talk everywhere is bitcoin, a few thoughts:
Everybody is visibly getting extremely comfortable using an online fiat currency.
All transactions are traceable, there is no privacy in buying or selling bitcoin. It is almost impossible.
Only if one goes to great lengths , doesnt use any personal devices, is it almost possible to be private, but as soon as you use it with a traceable counter party, all of your actions are traceable forever.
It is very easy to steal.
It makes it possible for people living in authoritative, regimes, hostile to the us to remove their capital and themselves from those countries. Think China.
People who would normally move into gold, and silver, are instead of moving into bitcoin, to protect themselves from inflation.
Bitcoin can be private if it is the government or officials, doing the laundering/stealing/extortion there is plausible deniability for them.
Think Sam Bankman- they can’t trace billions and billions of dollars in wealth from his organization.
Nobody can explain to me how bitcoin really works.
In my experience, self-sufficiency and abundance can be had with a milkcow-learning curve is steep, and it is hard work-but I can put you over the top. Think milk cheese, butter, kefir, yogurt, buttermilk, whey, beef
And the best fertilizer to grow your garden. “Keeping a family cow “is the seminal work on this subject and has all the information needed.
It’s really funny how the same schemes come around each time a new generation of suckers has grown up and is ready for the picking. LOL
Yes, and it takes less time than what has been generally accepted as a generation.
If a generation is approximately 20 years, it only takes 12-15 to reload another group willing to take the same “bad bet” speculative risks, and poor choices and decisions with money and finances.
Wow. “Round trips” that seem undeniable and now picked by the mainstream financial press along with what should be a no-brainer for sanction violation actions against NVIDIA. This translates to poor quality earnings via the self-licking ice cream cone sales described in video #2 and a poorly disguised end run around barriers to sales to Chinese firms in video #1. Is anything actually real? Yep – gold and silver.