MBCC TH 18th May'23 - "Enjoy the fun in AI, but don't forget MACRO does matter, Bonds/Rates/Dollar flashing!"

AI is here to stay no doubt. We have seen a paradigm in shift in the way we will do business in the future. But let’s take a pencil and write down exactly what “numbers” will be seen and what multiple will be seen.

Today people are falling over themselves putting money into NVDA 0.00%↑ AMD 0.00%↑ MSFT 0.00%↑ at nosebleed price charts - feels like the same hype around $BTC Bitcoin or SPACS or anything buzzy back in 2022, remember? It eventually ends in tears. There is a time for everything, but buying ARKW 0.00%↑ at the top didn’t work out so well either.

Ignoring Tech for a second as they are the new BOND proxies, but even Bonds are falling? Let'‘s look at some real physical market indicators that are picking up future economic trends as THEY NEVER LIE!

After all why is everyone’s favourite Gold and Silver falling here < 50 day? #ouch