NVDA's Pain is Mining's Gain
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.com
Housekeeping: Good Morning.
Gold Revaluation is a process not an event.
Today:
* Premium: AI
* Commentary: CPI Recap
Equity Recap:
US equities retreated on Thursday, weighed down by tech shares after a weaker than expected inflation report raised the prospect of Fed rate cuts this year.
Premium / Markets: AI/ CPI Post Mortem
Tech giants and beyond are set to spend over $1tn on AI capex in coming years, with so far little to show for it. So, will this large spend ever pay off? MIT’s Daron Acemoglu and GS’ Jim…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.