Postcards: NVIDIA, Artificial Intelligence, Buzzword. SEO Term. Buzzword. NVIDIA (5/25)

If I say "Nvidia" "Artificial Intelligence" "Artificial Intelligence" "Artificial Intelligence" AI, AI, AI... Will that increase my following from 100 people to 2 million by Friday?

Thursday, May 25, 2023

Dear Old Friend,

We’re a week from the so-called X date (aka the default bluff) of the Treasury Department.

Leaders in Washington have threatened retirees and to furlough firefighters if we don’t grant them the power to borrow more money, debase the currency, and accelerate our debt spiral (instead of running a balanced budget for once.)

They’re doing it for our own good, you know.

What should we own if the government defaults?

We’ve discussed the short-term Treasury ETFs, the metals, etc.

But how about a contrarian idea: Cash…

Yes. Cash. Remember, cash rallied after Lehman’s collapse and after the COVID collapse. A race to cash – the very thing in which those unpaid debts are settled – may be popular…

I’ll discuss other ideas like Silver this weekend.

And I’ll explain why I’m approaching this debt ceiling event more like a siege than a functional fiscal policy debate.

Click Your Heels and Say “AI” 3… Thousand Times

If I say "Nvidia" "Artificial Intelligence" "Artificial In…