The excrement will soon hit the proverbial fan. There will be a bond offer where all the buyers stay home. And that's the day when Trump does a Roosevelt and seizes all the privately held gold by resurrecting something similar to Executive Oeder 6102. His administration has already paved the road with his Executive order 14241 in which gold and silver are described as a mineral: from the Order" (a) "Mineral" means a critical mineral, as defined by 30 U.S.C. 1606(a)(3), as well as uranium, copper, potash, gold, and any other element..." I suggest we all stock up on Baked Beans and Mama Noodles now, because there's a world of hurt just around the corner. Pretty sure where bust will hit,. AI capex investment is grossly unrelated to the potential earnings with some extremely dodgy accounting practices trying to mask the circular exposure. If you're in a pension scheme or have a 401k, good luck with that. I'm cashed up (except for gold) waiting for 99% of them to become penny stocks. There can only be one winner in the AI game, but they are investing as though they will all be winners. Do the math, it ain't pretty.
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