Isn't gold a hedge against hmm, its at an ath now? Hmmm, I dont know i dont know.

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It's a growing bubble. It probably will keep growing. One day it probably will pop. It might pop fast or it might sprout a pinprick leak It might pop Monday. It might pop in 2030 after tripling between now and then. Actually, it might not pop but the growth might slow and allow the values to normalize. We don't know, so it's pointless to lose sleep over it. You can't afford to sit out unless you think the market will never post another ATH during your investing timeline.

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I don't think that's necessarily the full story. I suspect the mag 7 are going hard in AI as a strategic hedge: they can afford to dump huge amounts of resources into it even if it doesn't pan out; but they can't afford to sit it out in the event that it *does* pan out. It wouldn't surprise me if a ton of mag 7 c-suite types think AI is all hyped bullshit, but that they have to go along for the ride so that their stock goes up with this hype wave. Then if it crashes it crashes and they have their tax people work the magic.

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But Cocktober is at an ATH!

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Buffet indicator at ATH, CAPE ratio ATH, Gold going parabolic. $1T in AI capex investment for $20B in revenue. Rare earths used to make those ai chips now banned from being exported to the USA, and Tariff trade war intensifying. Also, gov shutdown now is resulting in over 700,000 people not receiving paychecks this month. It will be reflected in consumer data very shortly. What goes up must come down.

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With this last week and how it ended... it's probably going to hit an ATH

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Rug pulled to Thursday's ath...

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nice find. will bid when I get some dippy before it breaks through its prior ath

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Not true bro it was hitting new ATH almost every week for months from 613 to 673

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Everytime S&p touches ATH, it tanks almost immediately, i just had to hold on for reat of the week

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