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Bruce C.'s avatar

Maybe AI algorithms are responsible for all the AI stock buying? After all, it's garbage in, garbage out in the programming world. And don't those programmers think cryptos are real too?

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freelearner's avatar

AI running up an AI stock buying frenzy in order to bankroll much more AI... has it reached sentience? ;)

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Intrepid Philosopher's avatar

Great point!

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Patrick D. Grengs II's avatar

A quadrupling of the global population in just 100 years. All made possible by an abundance of cheap, reliable energy. A lot of the worthless eaters could be eaten.

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Joe Cook's avatar

Oracle going 10x on cloud infrastructure revenue in 4 years? The AI payoff is looking bubbly…

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Bill G's avatar

Prechter has the 10 year close to a bottom at 4% and expects it to rise above the wave 3 high of 5.021%. He also expects the USD to rally strongly after a dip below 96 in the USD Index.

Clearly these are not consensus views.

If these predictions pan out, they could have serious consequences for AI growth.

Not sure how this would affect the price of Au.

We should see a nice pop in gold when Trump abandons his 10 B$ lawsuit against the WSJ over the birthday card. No way in hell would Trump ever testify under oath if he didn't have to. Isn't that a sad comment.

Let's see what happens to the 10 year when Jerome cuts next week.

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Ray Noack's avatar

On several days recently there were more 52 week lows than 52 week highs .

One anecdote : In 2005 I was a retail stockbroker at MS . A client came in and liquidated his IRA in order to buy a condo .. I told him he would pay. 10% penalty and full ordinary income . “ Mr. Noack , you don’t understand , Real Estate NEVER goes down “ ..true story .

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charles leone's avatar

Better term AI Artificial Insanity.

Unlike China, where AI is used to enhance the physical economy in manufacturing and industrial processes.

In the West, AI is deployed as a weapon of the Deep State for financialization with digital currencies to Roboticize humans and control their spending.

It's starts Oct. 1 in the UK monitoring cash withdrawals.

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