$NVIDIA(NVDA.US) is terrifying, sucking up all the liquidity in the U.S., with data hype and policy hype, even more exaggerated than the metaverse blockchain back in the day. But the problem is, AI implementation takes time and requires global follow-up... Clearly, China and Europe won't go all-in to follow... It's not like the idiot Soviet Union blindly following the space race by launching rockets...

The price could reach $150, $180, and I wouldn't be surprised if it hits $800, given it's absorbing all the bets in the U.S. But I chose to cash out and cleared both long and short positions. Look at its gains, then at the losses in gold, treasury bonds, and indices—maybe I just don't have the gambler's mentality, don't want to bet.