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Eric Siu argues Nvidia is a huge bubble and predicts a broad market crash that will also hit gold. He warns retail investors will flee during the downturn and suggests buying after prices fall.
Eric Siu argues Nvidia is a huge bubble and predicts a broad market crash that will also hit gold. He warns retail investors will flee during the downturn and suggests buying after prices fall.
Nvidia, the stock? That's a big bubble. Yeah, huge bubble. You know, and all the idiots jump in, they chase this bubble, which is fine if you get out in time. But there's a big market crash coming. It's going to take down gold. So it's going to take everything down. Huge crash coming. I think we're in it right now and it's going to wipe everything out anyway. But that's when you go back in. If, let's say, Walmart was having a sale, every loser in town would be out there. But when the stock market has a sale or the real estate market has a sale, all the losers run away.
