Thanks for explicating the circle jerk of finance at play here Lau. Very instructive and does seem destined for trouble. You mentioned the relevance of all this to resource investors and specifically for natural gas and uranium. How does this vulnerability effect your strategy going forward?
Nvidia is creating the classic rug-pull setup. Create the demand; leverage the demand. Then, when liquidity is bone dry, yank!
My inner skeptic is nervous about long term mining. I ask "will there be demand for copper, etc.?" Gold will always be there as value, uranium is where smart energy should go, silver has a thousand uses, more electricity means more copper. But the AI bubble is real. So much money chasing its tail. I'm sticking with long term needs - gold, energy, transportation, compute, and data transmission. Anything demonstrated multi-year organic needs, not self licking ice cream cones.
Not at all! It’s actually pretty well explained. Just find a quiet spot in the house, pour yourself a coffee, and it should all come together. It worked for me:).
Thanks for explicating the circle jerk of finance at play here Lau. Very instructive and does seem destined for trouble. You mentioned the relevance of all this to resource investors and specifically for natural gas and uranium. How does this vulnerability effect your strategy going forward?
Excellent piece. Thank you!
Lucent was first. Then there was WorldCom, the biggest disaster of the time, and still one of the biggest financial disasters of all time.
Nvidia is creating the classic rug-pull setup. Create the demand; leverage the demand. Then, when liquidity is bone dry, yank!
My inner skeptic is nervous about long term mining. I ask "will there be demand for copper, etc.?" Gold will always be there as value, uranium is where smart energy should go, silver has a thousand uses, more electricity means more copper. But the AI bubble is real. So much money chasing its tail. I'm sticking with long term needs - gold, energy, transportation, compute, and data transmission. Anything demonstrated multi-year organic needs, not self licking ice cream cones.
How complicated!
Not at all! It’s actually pretty well explained. Just find a quiet spot in the house, pour yourself a coffee, and it should all come together. It worked for me:).
I worked at Lucent then. I never saw it coming. Was too busy working on the next big thing.
Good piece, Lau. I don't think the AI boom and Nvidia’s position within it is all that similar to the generic internet hardware equipment makers.
Regardless of whether the dotcom bust is or is not a good template, a crash could still be in the works. We shall see.
Thanks for this piece.