Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Something is going to happen next year that will force the Fed's hand to start lowering rates. (A war in Taiwan? Major terrorist attack? CRE and Banking sector meltdown? Who knows, but it'll just be a cover story)
When this starts to happen, the leftover 1 trillion $ from the Fed's RRO will begin moving out, looking for a better return elsewhere. It's already been draining fast since June, down from a high of 2 trillion $.
If the market begins to crash, Wall Street will take all that money and massively short the market, looking to scoop up more cheap shares.
Wall Street already knows all this is coming (insider knowledge), they are just front running it now.
When this starts to happen, the leftover 1 trillion $ from the Fed's RRO will begin moving out, looking for a better return elsewhere. It's already been draining fast since June, down from a high of 2 trillion $.
If the market begins to crash, Wall Street will take all that money and massively short the market, looking to scoop up more cheap shares.
Wall Street already knows all this is coming (insider knowledge), they are just front running it now.
I'm actually starting to think that a proxy war next year in the South China Sea makes the most sense.
Look how they've run up the biggest bubble in nVidia stock.
And now the word is that insider investors are dumping their nVidia shares.
Gee, I wonder why?
https://www.fool.com/investing/2023/09/15/nvidia-ceo-jensen-huang-dumped-shares-ai/
https://finbold.com/insiders-continue-dumping-nvidia-shares-crash-incoming/
https://www.msn.com/en-us/money/markets/cathie-woods-ark-invest-is-selling-nvidia-stock-and-buying-these-2-artificial-intelligence-ai-growth-stocks/ar-AA1l2heL
Nvidia maybe knows, that they will not have always the best hardware for ai training. There are new competitors:
https://www.wired.com/story/openai-buy-ai-chips-startup-sam-altman/
Quote
Rain, founded in 2017, has claimed that its brain-inspired NPUs will yield potentially 100 times more computing power and, for training, 10,000 times greater energy efficiency than GPUs, the graphics chips that are the workhorses for AI developers such as OpenAI and primarily sourced from Nvidia.
Like cryptomining with GPUs, everything has an end.
Well, to be fair I am still mining crypto with GPUs as are a lot of others. You have a point though. The market is valuing Nvidia like they’re the only company that will ever be able to make AI hardware. Clearly it’s overvalued so insiders are just taking profits. I actually think AMD makes a far more attractive investment option than Nvidia currently.