Why NVIDIA Will Crash 70%, Bring Down Market; ‘I’m 6 Months Early’ Says Gareth Soloway
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- Опубліковано 26 лип 2024
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Gareth Soloway, Chief Market Strategist of Verified Investing (verifiedinvesting.com/), updates his outlook for NVIDIA, tech stocks, the economy, the dollar, Bitcoin, and gold.
Gareth's last interview with me in May: • Stocks Topping Soon, R...
*This video was recorded on July 1, 2024
Listen on Spotify: open.spotify.com/show/510WZMF...
Listen on Apple Podcasts: podcasters.spotify.com/pod/sh...
FOLLOW GARETH SOLOWAY:
Verified Investing: www.verifiedinvesting.com/
Twitter (@GarethSoloway): / garethsoloway
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For business inquiries, reach me at david@thedavidlinreport.com
*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:10 - Massive divergence
6:13 - NVIDIA
11:20 - Macroeconomic update
21:50 - Market positioning
24:46 - Currencies
25:55 - Bitcoin
28:55 - NASDAQ 100
32:13 - Gold
33:20 - Dollar Index
34:55 - "I'm 6-8 months early"
#stocks #trading #nvidia
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Would you be short NVIDIA right now? Comment below and don't forget to subscribe!
FOLLOW GARETH SOLOWAY:
Verified Investing: www.verifiedinvesting.com/
Twitter (@GarethSoloway): twitter.com/GarethSoloway
Gold again.
Nobody should ever listen to this CCP plant .
Gareth must be a Wall Street wonderkid! His "Smart Money Stocks and ETFs" snake oil nonsense boasts an average 34% annual return over the past thirteen years, outpacing even the best on The Street.
His "Portolio Stats" (misspelled on his website) are simply amazing and you too, can join the party for the low price of 150/month. Just look at all those five star reviews LoL.
Why short a company that makes net billions every quarter?
@@wagashimanju If I didn’t leave his service, my 2 account ts would have blown with no funds to continue.
The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 100% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
''Rachel Sarah Parrish'' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
Obviously AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
''Annette Christine Conte'' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
3 years ago, I started investing with $300k, but I've only made about 6% total, or 2% per year, which my friends say is very low. I also put $800k into a 401k with a financial advisor, and it's now worth about $1.2 million after 10 years. I think I need to revamp my portfolio. Any advice on what to do with my money would be greatly appreciated.
....
I don.t really know your risk-tolerance or asset allo-cation, sounds like just bad stock picking. Also unclear if the ad.visor is pro-viding any other value via financial planning or other decision making. But likely scenario is just bad stock picks. Index funds, Etfs and chill.LL
*You should definitely fire your ad.visor! That's a bad financial-advisor. Over 50 years of data reveal that those who work with fiduciary advisors typically earn more than those who go it alone. I've been fortunate to work with one for 6 years, resulting in a $3 million portfolio.*
Your advisor must be really good. I can see from your con-fidence. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
--;;;
Her name is. *GRISELDA ELENA JEMMOTT* . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
;;;
;;;
I *just* curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you..
I'm an amateur with a portfolio of 80K but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey.
That is just amazing. I've attempted to employ a financial advisor by doing some research on my own, but it's somewhat daunting. Would you kindly refer the people you work with?
Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
True, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Monica Shawn Marti has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Whenever Gareth’s on the show, it’s entertaining to just scroll straight down to the comments! 😅
I do the same thing. 😂
It is awesome how this video already has over 100k views - Gareth smashes it compared to other guests... He gets a handful of disgruntled btc speculators that follow him around UA-cam - small frys.
@@userjoe4321lol ok verified investing staff member. I’m a former subscriber of Gareth who made the mistake of following his advice and lost money like many others. We don’t like him because his track record sucks and he doesn’t follow his own principles. Get a new job.
😂 That's exactly what I just did
@sunjungsonne your life must be very very very boring 😴
I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it
With everything going on in the market My advice to anyone starting out in the market is to seek guidance as its the best way to build long term wealth while managing your risk and emotions with the passive investing strategy.
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
Do you mind sharing info on the adviser who assisted you?
VIVIAN CAROL GIOIA is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!
My father has bestowed upon me a portion of his 300k NVDA holdings. But i feel it’s a risky game especially for someone like me who isn’t focusing hard on the market. I just don't want to make any wrong move. Do I hold or sell and buy back? Genuinely asking for any advice.
You don't sound like a very Attentive investor like me. Lol.....Hold on. you're in for a long run..
Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a 10% loss. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions..
@@PapiChulo-t1sYou have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.
@SlowrideHome91 this is all new to me, How do I find a suitable fiduciary advisor, can you recommend any?
*Jennifer Leigh Hickman* is the licensed advisor I use. Just research the name online. You'd find necessary details to work with and set up an appointment.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
Hey I'm shocked you just mentioned and recommended cansadra I thought I was the only trading with her
I'm also a huge beneficiary of her 😊
Everyone keep stating the importance and advantages of working with proper mentorship, but no one offers pointers on how to find good trading mentorship.
Thanks for sharing this here, A lot of beginners like me are smashed out there everyday. It's a good thing we have nice people here who want others to become successful as they are.
lol he called for a $9k bitcoin in 2022. He shorted Bitcoin at $25k in 2023 , Bitcoin rocketed to $73k. And in October of 2022 he was claiming stocks wouldn’t hit a new all time high for “10 years” ,literally 18 months later every stock hit a new ath and are still hitting new highs. He got lucky calling for a $20k Bitcoin back in 2021 when Bitcoin hit $69k at the top , and he’s been milking that call for years now.
Woww... you said everything I was thinking... and he keeps mentioning 2007 ... ?? Amy proof of that?
He's a grifter. Not too smart either. But has a resounding deep voice, and builds on that.
Everyone thinks they are a trading guru until they're not.... No advice
And short BTC at $33 and has been short Nvidia since $700 (pre-split)
And short BTC at $33 and has been short Nvidia since $700 (pre-split)
David you have to have an Independent observer examine this dude’s Services. It helps no one if you keep inviting someone misleading the public with his products.
yeah Garreth is a borderline criminal at this point. He's lost people so much money.
This video already has over 100k views - Gareth smashes it compared to other guests... He gets a handful of disgruntled btc speculators that follow him around UA-cam - small frys.
Being early is also called being WRONG!!
it's like telling someone they're going to die. Sure, yes - in time.
This shameless zero integrity fraud was shorting nvda from 300 all the way to 1200
How do you get wrecked. Tip - not by being early.
Incorrect.
Yes, 6 months time decay in options is a loss of lot of money till nvidea goes down...if at all
It's funny to see every fintuber claim they called 2008 and got out right in the nick of time.
Yeah and this doofus says he is early on dumping Nvidia. Smart people started dumping and shorting nvidia months ago because they saw the hype and overvaluation....
You kids will soon be taught some valuable lessons the very hard way.
@centurione6489 that is a fact.
@@centurione6489 Painal ?
It's also funny that this video already has over 100k views - Gareth smashes it compared to other guests... He gets a handful of disgruntled btc speculators that follow him around UA-cam - small frys.
If I listened to Garether Solloway in 2022 when he said stocks wouldn't hit another ATH for a decade, I'd be completely screwed. That is one of the worst calls in the history of trading.
If Nvidia crashes 70% within 6months , I'd eat a video card for breakfast. Lol
He said it would be 12-18 month process
How when they are the only one doing what thry do like Google@@BiblicalChristianSteve
That guy is an idiot
@@BiblicalChristianSteve wait next earnings report 😂😂 and Blackwell...😅
David
Why do you bring these clowns on.
No one knows what will happen and a 70%, correction
I think there is a 70% chance he 100% wrong.
Even when Gareth actually makes money on a trade...he usually only pulls 10% profit...but he lets his losers run forever...no stop losses
Facts
Yeah, he likes to add to his list of winning trades, but he holds on to huge losing trades instead of closing them and realizing the losses.
💀
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
My CFA Monica Shawn Marti , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Gareth been calling for a crash in everything since the market bottomed lmao
That's because we should've crashed in early 2020 and kept going down. The virus was an excuse to print a ton of money to not allow for a normal shaking out and recession. This has just delayed the inevitable crash and created an even bigger bubble.
This shameless zero integrity fraud was shorting nvda from 300 all the way to 1200
No he hasn't. Are you a disgruntled buttcoin speculator?
@@userjoe4321 he's calling it for 3 years now, an atleast 70% drop lmao
@@kashganja a crash in everything? You obviously don't listen to anything Gareth says. Do you own crypto?
Soloway, completely wrong since 2022: ''I'm right but early''. Yeah right, tell that to your members bleeding money for months and months. In trading, being right but early is the same as being wrong.
Agreed
I'll make a prediction right now: Markets are cyclical. At some point we'll have a correction. WOW I AM SO AMAZING!!!!! PAY ME!!!
... no it isn't... if he is right and early then he and his customers will make huge savings... and gains.
@@boombustinvest I think you mean "marks", not customers.
Dude think they have infinite margin😂😂😂
He missed every crypto pump in the last year and celebrates 10% and misses every 700%
Facts😂😂😂
He doesnt want you to get that rich, he saves that for himself
Early? You mean wrong.
6-8 months early is laughable. You started shorting ge and nvda almost a year ago.
Sadly he said to short the stock last year on nvidia….. ugly
Gareth must be a Wall Street wonderkid! His "Smart Money Stocks and ETFs" snake oil nonsense boasts an average 34% annual return over the past thirteen years, outpacing even the best on The Street.
His "Portolio Stats" (misspelled on his website) are simply amazing and you too, can join the party for the low price of 150/month. Just look at all those five star reviews LoL.
if that wasn't enough, he also massively shorted SMCI way below the current level !
And SMH and GE.
@@SupDoug. And AAPL and MSFT
In my opinion…. 😂
Keep inviting this guy. Its like a comedy show
Being 6 months early and missing like a 20% really in stocks is being wrong. Remains to be seen if he's 6 months early. We're still going up it appears.
Bro just explained he’s short but also long and also invested in Chinese companies. That tells me everything I need to hear 🤣🤣🤣😭😭😭
It doesn’t make any sense
Chinese and US markets are not the same.
Depends on sector. Reasonably priced company is reasonably priced company. Nvidia is not one of them, but some can be.
Shows me how much you don't understand 😮
Why not? The easiest 1.4 billion Nationalists seem too easy to ignore. They did one forbidden thing and still not knowing what that is😊 including the Chinese Professors, this is the moment where you saw you shouldn't trash the dollar before really knowing what you will lose more than the short term gain despite the EVs
Gareth said last year that the S&P would not make new highs for at least 10 years..lol
and somehow people are still having him on
That has to be the Mount Everest of all his bad takes.
@@ozzyfarinas this is THE Mt Everest of bad takes.
Maybe it’s better to have a non market weighted s&p?
Poor Gareth, he tries hard but his trades suck. Good charting analysis, but instead of buying he should sell. Or instead of selling he should buy. Instead of being convinced that Nvidia is going to roll over, it would have been better to just be long, no?
I agree
And yet he is so much more wealthy than all the small frys with their clever comments 😅
@@userjoe4321off subscription from people who don’t know any better.
If you want to make money please dont listen to Gareth. He may be rigjt at times but he is also wrong a lot. Just ask his members about his NVDA short
This video already has over 100k views - Gareth smashes it compared to other guests... He gets a handful of disgruntled btc speculators that follow him around UA-cam - small frys.
@@userjoe4321Your argument that he gets a lot of views, therefore credible is not very bright. I followed Gareth and while I’ve learned from his charting, he’s also been wrong a lot, a lot, a lot. If a fool keeps calling for a drop or pump, eventually he’s gonna be right one of those times.
@@ToefuClips do you buy btc?
He was basically calling for a 13k to 9k BTC dump... then market ripped 😅
@stanleyani7040 Gareth also called the previous btc top at around 69K and anyone who paid attention to that call didn't buy at the top and hold the bag for years.... btc will most likely tank when the market rolls over. It is not yet considered a safe haven asset - it is way too volatile...
Michael Burry is a horrible example. He was 2 months away from bankruptcy. You don't want anyone to take such gambles with your money. There were plenty of others who did go bankrupt before payday you just don't know about them because they are not a good subject for a movie.
We all love Gareth and all his good guesses/ always wrong
IKR. He was one of the firsts to call out this bear market and it did, and called out BTC to go down to 8k and didn't happen. LOL
@@DonShei 🤣🤣🤣👍
Thanks to our ally Japan the strong US assets holders and global brands to rely on. This cold war is about collective De-coupling so just adapt the highs and lows rides don't bash it all to Gareth but overall Uncle Sam wouldn't let her fall despite many pundits who would disagree and talk nonstop trash. In the longer term we would be better de-coupling sooner than later .. G7 cannot continue going along with the traitor trade partner.
If you call for a market crash for long enough sooner or later you'll be right and you can join the 100's of 'experts' who will claim they got it right, lol.
He needs to fix his hairdo ,Jensen Huang can help Gareth for AI hair transplant 😂
In the stock market, being early is being wrong
big time
Depends on how early.
Bingo
@@YakoTheGoat 3 years early ain't bad 😄
Never had a position go against you until you were proven right?? If you short NVDA and it goes up another 10-15% but ultimately goes down over 50% are you really wrong? It's all about money management.
Gareth has been so full of you know what and so early for the last two years, yet David gives him airtime.
David, could you have Tom Lee as a guest, to get maybe a more bullish outlook, to balance with the bearish outlook?
This guy always brings bearish people
Yeah…sure…I called 2008 as well. Either show irrefutable evidence, or it didn’t happen. Everyone is a legend in their own mind
This is the guy who predicted BTC to 12k.
He actually said it could be as low as 9k
Yes. That's why I didn't buy at 30k
@@4pines943 I shoved at 30k on everything and shoved all his videos away from my subs and eyes and ears. Just come to his videos now for the comments lol
Now he went bullish, and his followers are under water.
@@josephhervieux7374 I am pretty sure he said $6k was possible.
Dude was shorting NVDA big time at USD 450 pre-split. That didn’t age well.
Haha what a loser!
Trying to short NVDA in a non bubble that is backed by earnings? Good luck not getting rekt.
I love how people make big predictions but not one of them have any problems when they are wrong
Trading isn't about making predictions, that's the worst part about this dude. He plays to the ignorant retail investor who believes otherwise.
Being bearish on something makes you look smart. Esotericism at its finest
Gareth is definitely not smart money !!
This video already has over 100k views - Gareth smashes it compared to other guests... He gets a handful of disgruntled btc speculators that follow him around UA-cam - small frys.
You are more than 6 months early like almost 2 years early
I’m saving and investing around 70 percent of my income in the financial market(high yield etfs, stocks etc) pretty much how I made my first million although with an FA. I have a high paying engineering job, and I live upstate NYC. my expenses are low. I have zero debt, low rent and car truck paid off. So i can just save. feel lucky at this point I'm actually grateful Norman Vitalii handling my portfolio
This is a scam. Do NOT engage with the recommended person.
Came for the video, stayed for the Gareth roast
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia campbell
Amazing You trade ?? Wow that's huge, how do you make that much monthly?
Sonia campbell is my hope on the current 'bear summer' . I did so many mistakes but also learned so much from it, and of course from Sonia campbell.
Is this not same mrs Sonia my neighbour posted on her Whats App status 8 hours ago thanking for making her rich
This summer is making me poor please I want to join the moving train
Not so much a crash as a resetting to what it is most likely worth. Asset prices totally detached from reality.
Nvidia is based in reality, they're selling $30,000 GPU cards. That's reality.
@@LarsLarsen77 Nvidia might be exeption but lets be honest and have a look around. Even 3rd grader can understand that this cant continue like this forever. Eventually 💥 and big time.
@@LarsLarsen77 the reality is the cards are also overvalued as mega cap is responsible for that overvalue. Mega cap is circle jerking each other right now.
No these assets are worth the price they are selling for. You and everyone else got poorer and that has nothing to do with the price of assets: you have to fight to increase your income.
@@DrEvilMiniMi374 no one can predict the future
A broken clock is right once or twice a day. Gareth isn't early, he's the broken clock. He always says the markets are crashing and twice in the past 15 years he's been correct. 😂😂
By definition no recession right now, because the US government is doing massive deficit spending... which usually a government only does when in a recession. Therefore we are in a recession.
Too bad we have been spending for 15 years, so we've been in a recessions for 15 years with your little tin foil hat theory lol
@@theunbearablebull In 2024 the CBO predicts the deficit to be $2T. GDP if lucky may be up 2%. Lets give it 3%... So in dollar terms the GDP will grow 3% of $27T (2023 GDP), so approximately $810B. Subtract the deficit spending from the government contribution to GDP, and GDP drops $1.2T. Its simple... we are already in a deep recession if not for government deficit spending. No other country borrows like the US and gets away with it... the deficit is 7% of GDP... ridiculous... Canada deficit is $40B this year... its 1/10 the size of US so that equates to a $400B comparison... and they provide universal health care to all their citizens. The deficit spending will one day stop, when bonds crash and yields skyrocket as the world says enough to the US government's insatiable borrowing.
@@windsurfar9 lol
Love your show David. I followed Gareth trade by trade for 18 months- made no profit- he had most things completely wrong over the last 2 years….. much better off since I dropped his service!
Funniest thing I’ve heard in awhile. Trying to make a name for himself.
David I feel you should Interview one of your subscribers, someone that has no sides and has been following your guests perspective.
Thx David for hosting Garreth again. Always fantastic to listen to the two of you exchange thoughts :-)
Boy, Gareth is getting a hard bid in the comments. Must be a lot of NVDA holders here
His analysis is worse than that hair implant mostrosity.
More like he's been wrong for many years and he blatantly lies all the time. He's a fraud.
Its because this fraud deserves it. Manbun was shorting nvda from 300 all the way to 1300
Mainly disgruntled crypto speculators - the most feral
@@cryptoricardo Ive won on the majority of the calls he's made, and that's all outside of the paid programs offered and haven't lost yet in the smart money crypto alerts, one of his paid programs. Definitely has a lot to teach when it comes to TA. Far from a fraud.
why interview this guy? hes been so wrong for his entire career. Him and Bearjamin Cowen lost alot of people money in crypto and in the broader stock market.
This shameless zero integrity fraud was shorting nvda from 300 all the way to 1200
Has he been bearish all throughout the current rally? I haven't followed him since 2022 because I knew he was a shill back then, and he's still the same.
@@method341 He's laughing all the way to the bank with his "training" courses.🤣🤣 This is his bread and butter.
He nailed crypto not sure your listening to what he is actually saying
@@theambiguoustruth8167 No, he didn't. Bitcoin kept melting up while he was calling the top every $5000.
Just keep paying to keep your shorts open until you either run out of money or you're correct. IT CANT FAIL!!! This dude is a complete joke. He doesn't even say why he's making his calls, it's not driven by any kind of analysis, he just makes a call because he feels like it.
He has a big Ego which serves no one when his advice cleans your clock to zero
Thanks! Been following you for a while … congrats and keep it up with the quality content!
Thanks!
I exited the market a little earlier, and my bias also agrees with Gareth.
I don’t know about 70% but if this stock fell to $70 or $80 in the next year I would not be surprised. The history of this company suggests a big pullback is to be expected.
I used to follow Gareth closely, believing he was some kind of trading wizard, until I found out he's a charlatan and shyster. He's been wrong so many times but there he is again, trying to act like he's some master trader.
Yeah, i agree with you. So eventually his office and traders will all leave one by one .
It's a simple playbook. Make multiple predictions until one finally comes true. Then rightfully claim that you were right on target.
Following Gareth's track reord closely allowed me to learn how poor his record is. He keeps stating he's about 70 to 80% of his calls. He's not. Be careful, people. I was a big fan as well.
@@user-ll9qk2el4d yes it is . Gareth needs to realize he’s the dumb money last 12 months , and is being schooled by the market . I hope he does well tho, I like him.
@@funkspinna yeah, he’s had a horrible 12 months, beyond reckless trades and not closing them when he’s down .Instead he holds them waiting 36 months to close the trade so he can break even if there a 50-% market collapse. How does that make any sense at all. Oh yeah it doesn’t .
12k Solloway strikes again. This channel is becoming a parody of itself.
How this guy has managed to run his Confidence Trick on this many people is beyond my level of comprehension.
A 70% crash in Nvidia would not even get Gareth to break even on his short!
My go long on NVDA is anything under $15. I would not short it. It is too meme like. Meme stocks are great to day trade but not to hold over night.
😆😆
fact 😂
The sad part is you have to short the companies w sound Financials, that is the sure sign of a Bubble!
I don’t think he knows what the P/E ratio is lmfaooo
Happy Birthday Mr Lin. From Australia
Thanks!
@@TheDavidLinReport
Big-save-Dave!.... is it your birthday on Canada Day?🇨🇦
Gareth will be 100% right on this 70% NVDA. Should be before March 2025.
Troo dat. NVDA is going to print a new 52 week high first though.
All manias die hard.
Gareth is really good for day trade but not for predictions..
I've owned NVIDIA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.
Kept $105k in CIT Bank HYSA at 5.05% but i now plan to invest in the stock market. What are your thoughts on that? What stocks should I look out for as a newbie to safely grow my money?
Apt!! I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
I regret selling stocks 2021 and my strategy ever since has been pretty much buying Gold and silver to protect my wealth but if I could come up with a way to profit from this bull run, that would be brilliant. I've missed so much already. can you share more info?
I don't comfortably throw recommendations around on the internet, but I've been working with ‘’Iynne Marie Stella’ God! she's brilliant! I'm sure there are others who are good.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again thanks.
The Fed will keep this ponzy going a lot longer than most assume. They have too much at stake to let the castle crumble; they also have the tools and position to max this out...bleed up!
Heading into an election Biden wants a melt-up.
Just park your money in Money market and get easy 5 % , once interest rate gets down to 1.5% , then I watch another video from Gareth ..... number # 1 RULE in investment: Preservation ... it's that simple folks.
Not GS again…..his shorts were early by one year which means one’s portfolio is bleeding red while missing out on doubling the investment. Unbelievable he said what he said.
Wow, sometime over next 2 years? You can't call that a Forecast. That's a ForGuess..... This is useless ClickBait.
He gonna get rekt again
Of all stocks he mentioned zoom 😂
Beareth said btc was going to 12/8/6k and still waiting on that 😂
David, partnering with a crook, makes you a bigger crook
a crook?
@@nobosnoboyup
David you have to have an Independent observer examine this dude’s Services. It helps no one if you keep inviting someone misleading the public with his products.
A lot of sore Bitcoin holders chiming in
@@Thomas-wz2nu if i'd listened to Gareth i'd be pissed, thankfully I don't.
~I'm favoured, $150K every week! I can now give back to the locals in my community and also support God works and the church. God bless American 🇺🇸…..
GOD bless you more abundantly for your generosity
I'm genuinely curious to know how you earn that much weekly
Big thanks to stephanie anne
I alwas appreciate God for her kindness upon my life
I have heard a lot of wonderful things about stephanie anne on the news but didn't believe it until now. I'm definitely trying her out
Gareth said he thought gold would go up ... and he was right!
David - commercials every couple of minutes? Way too much
Maybe unlucky for u. I only got 2 ads. One at the start & one somewhere in the middle
I remember Garth calling bitcoin going to 12k when it was at 60k and everyone hated on him. Bitcoin went to 15k and people hated on him cause it didn’t hit 12k. This is why the market takes from the emotional.
And then claimed it would go lower after 20k, 30k, 40k, and on. Even a broken clock is right twice a day.
@@jondeshaw what’s ur point he never shorted it he said what he thought? U correctly predict the markets consistently?
Gareth: "S&P 500 to fall 25% in 2023" ua-cam.com/video/ENwb4vWeHc0/v-deo.html
David please stop giving this con man a platform
Why do you guys assume he is all in on Nvidia short? Sure he probably lost a bit but i doubt he threw serious networth money in his Nvidia puts
NO ASSUMING HERE. HE IS, BIG TIME. and made us members lost almost half the portfolio on NVDA alone!!!!
According to his members, he's been bleeding money hard since late 2022
@cryptoricardo He has a NVDA short position at around $37. He's had that short position midway through 2023. Ouch! That's why he's hoping NVDA falls 70%. That would make him essentially break even.
@cryptoricardo hard? According to his members? Cmon brother. Do you think Gareth is that dumb to wager his entire trading portfolio on shorting Nvidia? I think maybe he put in a 10k or 20k puts on Nvidia. The worst that could happen is he loses 10k or 20k, but if he is right...? 5x? 10x? 20x?
This shameless zero integrity fraud was shorting nvda from 300 all the way to 1200
26:44 when/how/where you can you exchange BTC for goods or services
At this point you are essentially inviting him to make fun of or mock him.🤣😂
The comments are lack. Keep the videos coming, appreciate the content, & your hard work from both you. At the end of the day do your own due diligence then you only have your self to blame.
Agreed, ppl need do there own research. This content is only amazing, if you can’t hear between the lines what he saying . He’s saying nothing positive at all, everything is negative, for 12 months now ‘and if you want videos like this coming more and more, then you’re in the right place. The comments are not lack, there fact and truth comments. Only thing lack is you calling the comments lack.
Indeed, be wary of TA's like Gareth and his poor track record.
@@funkspinna Gents, do your own research, and learn from many different places before making a trade . Garerh did well I think for many years . Buy, no Gareth might have the worst portfolio than every trader out there in last 12 months . He also actually has not one but 2 trades then went to zero- completely liquidated all money lost. Gone baby gone.
Anyone that paid this clown 9,997 for his "Winning Trader Series", deserves exactly what they got.
@@mcoin4145 Yes, make that research include analysts and their poor track records.
This guest doesn't have the shame gene--but in his defense-"prediction is very difficult especially if it's about the future" niels bohr quoted
With Gareth it's always a lot of "IFs" for some reason. I wonder why lmao 😊😊
oh come Gareth, that is massive spin on 'being early' and you know it. I have been early too but I will just admit my timing is off and therefore wrong
It's been dumping and pumping in this range for ages! It's technically just going sideways, sideways means generally stagnant. More emphasis should be put into day trading, as it less affected by the unpredictable nature of the market. Trading has been going smooth for me as I managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Linda Wilburn program is widely available online.
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.
Oh Gareth, we have a long way to go before the crash. 2026.
I hope we have this long to get our financial houses in order. Best guess is an initial crash before the election, Fed comes in with easing, all assets inflate beyond belief again and in 2026 we see the biggest crash of our lifetime, depression, and civil unrest because so few will be prepared.
@@RichardArthur-jh1ph The money printing is already starting. We already went through the recession. By the time rates are cut it's nearly over and we get a blow off top. Inflation will rage but so will risk on assets.
Would you ever trust “for anything” anyone who sounds like this dude? 😂
David, I feel as though offering a platform to this individual damages your brand.
🚨SILENT🚨DEPRESSION🚨
This 🤡 is a joke!
Bitcoin holder? 😢
Gareth is 6-8 month away from being 6-8 months away 😅 from his long term and short term trade recommendations. Picking one timeline might lessen your own confusions.
I've been following David and Gareth for a long time, and I've always enjoyed their conversations; they're so delightful!
Wrong way soloway
Been seeing so many gold-related interviews and advertisements to retail. “Smart” money on the hunt for bag holders…