2024 = 1984 - AI Equals Loss of Agency

Politics / AI Aug 30, 2024 - 07:30 AM GMT

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US Housing Market Analysis and House Prices Trend Forecast 2024 to 2026

CONTENTS

Stock Market Trend Forecast
US Stock Market vs M2 Money Supply
AI Stocks Portfolio
Nvidia 10 for 1 Stock Split
AI Computers Hype
2024 - AI Equals Loss of Agency
Why Alien Intelligence Cannot Predict the Future
Consequences of AI
UBI - Universal Billionaire Income
GLOBAL WARMING Housing Market Consequences Right Now
RECESSION When Yield Curve Uninverts
Global Debt Bubble.
IMMIGRATION DRIVES HOUSE PRICES HIGHER
US Housing Market Free Equity
US FIXED MORTGAGES LIMITING SUPPLY
HOA Nightmare
Florida Hurricanes
Rentals Crisis
Who is Buying All the Houses?
Commercial Property Capitulation
US House Prices Momentum
US House Prices Trend Forecast
US Housing Market Stocks
UK General Election - 4th July 2024

So much for the "Sell in May and go Away" narrative that gets peddled out each year. Near term the S&P has basically traded sideways for the past 3 weeks nevertheless the stock market has delivered opportunities galore to both trim and accumulate in key target stocks such as buying the dips in ADSK, DIOD, and GPN and selling the rips in TSM, Qualcom and WDC, whilst seeking to capitalise on opportunities presented by the plunge in cloud computing stocks such as CRM, VEEV, Adobe, and SNOW of which SNOW is the bigger gamble of the bunch.

Current state of the stock market is that the S&P put in a new all time high of 5373, which is what tends to happen during a bull market as I often state that the risk is to the upside.

One of the problems is that folk tend to focus on the noisy and erratic short-term price action when if they zoomed out they will get a much clearer picture of the bull markets trend, that and the price moves slowly over days and weeks rather than minutes and hours.

Higher highs and higher lows all the way off of the October 2022 low, one could not ask for an easier pattern than that! Nothing complicated hence why I often voice that the risks are to the upside and not to get ones knickers in a twist during corrections fearing something much deeper is around the corner because so far the bull market where the S&P is concerned has been a relatively easy ride. This suggests when the market next corrects the low should be above the last swing low of 4955 and likely a lot higher than that. Personally I don't even look at the S&P on a day to day basis as my focus is looking for those opps to trim (crystallise profits) and the deep draw down buying opps so as to maintain invested exposure at around 80%.

The primary focus of this article is to conclude in a detailed trend forecast for US house prices for at least 2 full years as the final concluding part of a housing series -

AI Will Turn Everyone Into Gamblers! The Greatest Wealth Transfer In History is Coming...

Stock Market, Interest Rates, Crypto's and the Inflation Red Pill

How to Profit from the Global Warming ClImate Change Mega Death Trend

Furthermore the US housing market is very complex given it's depth and breadth, i.e. it's as good as looking at 50 nations in one package so just as there are nations that are dying so it there will be cities and states that are dying, therefore bare in mind that this article concludes in a forecast for the Case Shiller 10 City Index that comprises Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco, and Washington, DC, all of which are major cities and thus a natural destination for internal and external migration over the pull factor of 2nd and 3rd tier US cities.

Stock Market Trend Forecast

The stock market set a new all time high of 5375, which is what one expects bull markets to do! Whilst my trend forecast as of December 2023 is for the S&P to target a trend to 5380 by the end of the year, Nevertheless I flagged some months ago that I would not be surprised if the S&P trades to 5600 during the year and given where we stand at 5350 then that looks very probable.

S&P Stock Market Analysis, Detailed Trend Forecast Jan to Dec 2024

In terms of the immediate direction of travel, swings analysis projects a rally to 5530 before a corrective swing down to 5220, which is roughly inline with the trend forecast pattern for a rally into Mid August before a major swing down into late October ahead of the US Presidential Election.

Compare today with the start of the year when fear reigned supreme as we had the likes of the holy church of the Almanac warning of the Trifecta bear signal that would usher in much lower stock prices which I warned at the time in ,my Five Nights at Freddy's article was a nothing burger, that even if it got triggered would FAIL to deliver. This is how it is ahead of a major advance, folk talking themselves into a huge sell off as being imminent, focused on how far stocks could fall rather than how high they could fly, and the opposite is true towards the end of rallies as the end of March is an example of when folk had given up on a sell off materialising just as stocks corrected, albeit weakly.

Stock Market Election Year Five Nights at Freddy's

Now imagine what it's going to be like at THE FINAL TOP, none of you are going to want to hear the party is over, pretty similar to 2021, go read the comments, folk did not like my messages that I was selling out of key holdings as the likes of Nvidia climbed ever higher, busted through $300 all the way to $350, surely I was wrong to have sold all so when would I buy back, my reply? I would start adding sub $190. So THE top when it comes is not going to be easy for most to sell into instead most will be eager to buy the dips, only that the dips will just keep dipping, anyway all that is for another year (hopefully).

So the way I see the current rally is one of encouraging the bears to throw in the towel as the bulls increasingly become complacent as the corrections prove to be relatively mild and thus encourage dip buying right up until the Mid August top So we could be heading for another one of those weak corrections during July that would set the markets up for a possible August lower top to deliver a deeper correction down to 5000 by end of October off of approx 5500 Mid August, so we could see a drop of between 14% to 18%. However it will prove temporary as I expect the S&P to end the year at least my forecast target of 5380 and probably a lot higher given that 5600 is doable!

US Stock Market vs M2 Money Supply

This graph shows the US stock market total market cap divided by M2 money supply as a measure of relative valuations which shows stocks in October 2022 were just as cheap as they were during the depths of the 2000 pandemic crash, remember October 2022? When most feared much lower prices and thus failed to buy when stocks were cheap, as is usually the case at every market bottom!

Also whilst stocks are nowhere at the bubble territory of the dot com bubble they are definitely not cheap hence why I am currently approx 70% invested in stocks after taking off the 10% invested in cyclical crypto's that I will probably completely disinvest from over the next 12 months.

However before you run off to sell all of your stocks bare in mind that as M2 increases stocks become cheaper, which is the over riding Inflation Mega-trend, governments print money, debase the currency which pushes the value of assets that are leveraged to money printing higher. Where M2 money supply currently stands, we are seeing an up tick in money printing which is good for a continuation of the bull market as stock prices trend higher whilst the above measure trends weakly higher towards the next greater bubble top that way back in June 2020 I penciled in for a top during 2026-27, which still remains the most probable outcome.

What this graph shows is that M2 topped March 2022 about 3 months after the stock market topped, bottomed October 2023, 1 year after stocks bottomed and has since been weakly trending higher which means US stocks have a wind behind their sails as the money supply expands as further illustrated by the annual percentage change in M2 that has now turned positive and is likely to trend higher into the range of +5% to +10%,

This is only one measure of money printing, another is US treasury debt issuance which is going ballistic this year not just because of the growing US debt mountain fed by an annual $1.7 trillion deficit but also some $9 trillion of debt is maturing that requires refinancing for which the US requires LIQUIDITY, EASY MONEY! Which translates into INFLATION, higher consumer and asset prices as that is the only thing the US and other governments can do because virtually every nation is inflating their own respective debt bubbles with maturing debt that needs to be constantly rolled over that requires liquidity hence we get asset price bubbles as we are set to witness in crypto's due to excess debt refinancing liquidity finding it's way into all asset markets.

Therefore asset prices across the spectrum will be significant higher a year from now as will be consumer prices due to the continuing debasement of currency and inflating the debt bubble and likely continue during 2026.

US House Prices vs M2

We got the 2006 bubble top followed by the bust and stagnation before the trend once more reverted towards following M2 higher, currently playing catchup to M2 with a wide gap left to fill which is supportive of rising US house prices,

AI Stocks Portfolio

Current state of portfolio is 79.4% invested, 20.6% cash, though 9.76% is in crypto's which is meant to be temporary, i.e. I plan to exit virtually all of my crypto positions during the crypto bull market where the key risk is that it ends a lot earlier than expected, so effective percent invested in stocks is 70%.

All of the primaries and secondaries have delivered huge profits except Tesla and Apple. Even crappy IBM has delivered on its spike to $200 prompting heavy trimming, the big surprise was Micron, I was not expecting $130+! As for sleepers, Samsung has also delivered whilst Intel continues to snooze. All whilst most investors have a large chunk of cash parked in money market accounts because they listened to clown Cramer and the CNBC cartoon network so they are missing out on one of the greatest bull markets in history, what else can you call Nvidia 10xing in 18 months!

I always look at valuations where column V comes in handy which tells one how cheap or expensive a stock is relative to it's past PE range. On that basis Nvidia is relatively cheap as are Google and Tesla. The rest of the AI stocks are much harder buys at current valuations.

Further a field I have been adding to GPN, GFS, BIDU, JBL, FCX, SLB, as opportunities present themselves.

AI stocks portfolio - https://docs.google.com/spreadsheets/d/1h9WcWdB4jw2yYlOEinoigRGtO-Z8MIkMo87Iyn4qHyY/edit?usp=sharing

The bottom line is buy the dips in target stocks as opportunities materialise.

The real secret to successful investing is to buy the pain trade, right now the pain trade is TESLA! This is how I tend to buy heavy near market bottoms because whilst most investors are vomiting out of their positions, can't take the pain of draw downs, I tend to buy even more which is VERY PAINFUL! I.e. buying more META at $92 was EXTREMELY PAINFUL given the draw down at that time where a plethora of comments were seeking reassurance that META was not FINISHED, the problem is at the bottom ALL OF THE NEWS IS BAD! So all I can do is show you what I am doing and it is up to you to make up your own minds what to do with your money because there is no magic indicator other than experience of having done it many times before. Now META is my biggest winner in terms of delivering cold hard cash and everyone's looking back and wish they had bought more at $100, but at the time they would likely be SELLING OUT of META on the tiniest of rally off the low, just as is likely the case today with Tesla, "if only Tesla gets to $200 then I can exit this painful stock" is what's going through many Tesla investors mind, This is why most investors make very little if anything investing because they can't take the PAIN! Learn to embrace the PAIN and then you will WIN BIG!

Nvidia 10 for 1 Stock Split

Nvidia has delivered huge profits upto about $400 when I sold all of my shares, since which it has been tough going, I bought upto about 7% during its recently dip to $730 only to trim most on it's subsequent rally to $1250. Clearly the price action of this stock is such that I am unable to stay invested given that it is so abnormal. As I often write Nvidia is not a normal stock, Nvidia is AI! Google was meant to be what Nvidia is, but whilst still a great stock it clearly is no Nvidia!

Nvidia getting to $1250 is NOT unexpected, after all I mentioned way back at around $800 that I expect Nvidia to double to $1600, but not in a few weeks! So whilst I want to accumulate a sizeable position in Nvidia the stock price behaviour is such vs my investing style that I am unable to do so, i.e. I trim fomo rallies and buy market panics. Where what I seek in the likes of Nvidia is a deviation from it's high which we got down to about $730 which saw my position 7x from 1% to 7%, current 3%.

I recall back in October 2022 when I was buying Nvidia at $120 and under many were commenting that they would wait for $90 down to $50, at that time I managed to accumulate to about 65% invested. So now the stock is back at $120 following it's stock split :)

Nvidia's metrics are still very strong at EGFS +38%, +65%, but the direction of travel is -26% which suggests Nvidia stock is likely to consolidate, i.e. I don't think this rally is going to continue, so the $125 high should hold for a while. I expect Nvidia to carve out a new consolidation range that could extend back down to below $100 for a 25%+ deviation from it's high, hence an opp to accumulate.

Bottom line Nvidia is at the core of AI, thus it is highly probable that Nvidia will at least double once more from current $120 to $240.However I would not buy at current levels instead seek a deviation from the high where a correction to sub $100 looks probable for at least a 25% deviation from it's $125 high. And it does not really matter if I never manage to build a significant position in Nvidia as there are plenty of stocks out there to build positions in, you don't always get what you want.

AI Computers Hype

Lots of hype in the media about AI computers such as which Microsoft announced. Only problem is there is no compelling reason to upgrade to an AI computer, what are you going to do with it?

So it's hardware pending applications to make use of it until then it's a nothing burger.

One such application would be to run your own LLM (Chat GPT) locally and train it on your own data not just on computers but your smartphone to truly become a personal assistant.

Yes one can download local models and tinker with them but they are not of much practical use.

Whilst no one particularly wants Open AI, Google to Microsoft to have no holds barred access to everything one does on ones devices.

So local AI personal assistants that are trained ones own generated data rather than accessing a cloud service is what could ignite demand for a new generation of AI computers and smartphone's cue advantage to Apple.

2024 - AI Equals Loss of Agency

Humans have fought tooth and nail to gain agency, freedom from the Lords of the Manor but here in the 2020's we are in the process of giving up our agency to the machine intelligence. It means over time humans will become dumber and dumber as the AI will do much of our thinking for us as we perceive the AI to have superior judgment to us mere mortals with limited knowledge whist the AI can call on all of human knowledge.

Already the high priesthood of AI professes that he AI will know us better than ourselves, META already states that it's algorithms can predict a lot about it's users just through analysis of our interactions with it's platforms.

Losing agency i.e., deciding what one should do will turn us into dumb animals where maybe even a Chimpanzee will have greater agency in making it's own choices.

An example of humans giving up agency to the AI would be consulting AI if a person would make a good marriage partner or not and thus relationships would break up without any real reason other than the AI said we were not a suitable match. And this is just one example that culminates in the likes of the Movies Pre-crime where AI predicts if a person will become a criminal and thus the person gets arrested before the event. AI means we will be living in a version of George Orwell's 1984!

"If you want a vision of the future, imagine a boot stamping on a human face - forever." - George Orwell.

We imagine AI Agents will help us to better ourselves but it acts to take away that which makes us humans, AGENCY! Already countless rely on the likes of Chat GPT in terms of ones decision making process which means LESS conscious thought, and where nature is concerned if you don't use it you lose it be it muscle power or brain power. As the HGR guides illustrate you have to put in blood, sweat and tears to maximise ones potential, AI does not help one maximise ones potential as it takes over a large chunk of the thinking process.

AI is the nail in the coffin, I mean just look at the crap we are exposed to! X, TIK-TOK! Delete that APP now! There is nothing of value in that. RESTRICT usage of Twitter, and the rest because they are mind numbing wastes of time when what you should be doing is hitting the Gym! Or a boxing bag at least!

To Maximise potential You need to do that which lights a fire in your belly, sharpens your mind, generates focus and intensity, grit and determination, even anger! I don't see how AI chatbots can help with any of that!

Whenever I rarely use the likes of Chat GPT, the exchange results in a response that tends to be weak and feeble or the responses are blocked, it's like the Chat bot wants humans to become weak and feeble. Maybe a local LLM trained on ones own personality will do better.

You want to gravitate towards that which will make you exceptional not watered down to become a creature that waits for your smartphone to tell you what to do next!

You want to make yourself MORE decisive not less which is what the system desires, for the masses to become one with the hive mind.

Here's how to beat the system - when you have a decision to make do that which is the more difficult thing to do, i.e. empty the trash can over scrolling your social media feed. Going for a walk over watching youtube for an hour. Do that which is more difficult.

So if you really want to learn how to beat the system try to always opt to do that which is more difficult and the more uncomfortable thing to do. This gives you a huge advantage over others as most folk will opt to do that which is easier and thus see years pass by with little progress.

Ready to level up ??

PAIN! Do that which is PAINFUL! The sooner you do it the better because eventually you are going to have to do it anyway, it's just that you've wasted so much time delaying doing that which is painful be it quitting ones job, or moving to another city / country.

Easy Won't cut it, Chat GPT Won't Cut it, NO PAIN NO GAIN!

Learn to Use the FORCE! How to Really Get Rich Part 2 of 3

Why Alien Intelligence Cannot Predict the Future

Humanity is now creating systems that we DO NOT UNDERSTAND how they actually work! AI is unlike anything man has developed to date, deep neural nets. Anyone who says that they understand what deep neural networks such as the LLM' with their billions and now trillion parameter neural nets are doing is lying. A deep neural net is a lot like looking at a stock price chart where we have the neural net that is on the left and we have the prediction that is outputted on the blank side of the stock chart.

In reality we have no clue what the deep neural net will predict or understand why it has made the prediction. Given my experience to date and watching the analist clowns on the likes of CNBC I can happen a strong guess that AI will tend to make what most would perceive as being the WRONG prediction more often then not, which is contrary to what the everyone plowing billions into AI expects it to deliver.

Which is why I use AI as just another tool i.e. CI18, if you read what I write when I mention it you will know that I take it with a pinch of salt and not as a standalone more as a weighting mechanism. AI is not the holy grail for predicting the future! Yes, it can CREATE the future through actions i.e. to stop trains from crashing it can bring the rail network to a standstill and thus no more train crashes!

To understand what is going on think about how neural nets work, a large structure of weights trained on data, where the larger the neural net the more patterns it can fit between inputs and outputs. However given the number of patterns incorporated it's not a done deal that it will output the best prediction. It's a bit like putting a gazzilion indicators on a price chart and thinking that makes it more predictive then say having 1 or 2 indicators. which I suspect is what is happening with these large neural nets. Yes they are highly convincing especially in routine tasks that they have experienced plenty of data on but for important significant decisions such as how to best deal with say a pandemic, the outcome won't be as humans expect it to be, it will tend to be more machine like, dictatorial in it's solution such as kill anyone suspected of being infected be it individuals, villages, towns or whole cities.

So no where the big decisions are concerned AI is not a reliable predictive tool as many think it to be, instead it is more akin to a dictator who will tell this is how it is to be because it concludes it to be so! And thus you follow what it says because it is the all powerful and all knowing trillion+ parameter AI that humanity has foolishly devolved power to so as to avoid the painful process of thinking for themselves, and where nature is concerned if you don't use it you lose it!

Despite what the developers of AI may state about AI resembling human intelligence in reality it is nothing like human intelligence. One simple test is that AI cannot feel PAIN, and without REAL pain that you I and every living creature experiences it cannot be alive, no matter how convincing the show AI puts on. AI IS ALIEN to life on this planet, an ALIEN INTELLIGENCE. In terms of intelligence AI looks set to far surpasses human intelligence in a relatively short period of time. The lie we are being sold is that the singularity is going to usher in a New age of plenty, I don't see how that is going to happen. AI IS Alien Intelligence, in the not too distant future it will be akin to an advanced entity landing on our planet against which we have no defence given that the alien intelligence far surpasses human intelligence, that is the exponential path AI is on and there is nothing we can do about it.

It is inevitable, we can fantasise about all the good AI will deliver but that can only be so if humans remain the apex predator, the top dog, which won't be so WHEN AI far surpasses human level intelligence, back in 2016 I imagined AI will X2 every year, instead it's a case of explosive advances going off which Chat GPT is an example of, the next will be when AI gets vision (already happening) and then a hive mind controlling robots, again it's already in the pipe work. These machines won't be alive and won't care much for what happens to the carbon based life forms on the planet where to the alien intelligence humans will be seen as resource hogs.

The thing is we each only have about 1400cc's of grey matter to work with, or about 100 billion neurons, that's it from Einstein all the way down to the clerk at the checkout, We are capped by what 1400cc's can deliver the same way a mouse is capped by what it's 1/2 cc can deliver. Whilst AI is unlimited, X10ing compute power annually through innovation and allocation of resources by those other non alive entities, corporations. LLM's such as GPT 5 have already surpassed human level intelligence in virtually all work related tasks where the only thing AI awaits are its robot appendages with their visual cortexes for the AI hive mind to incorporate into it's ever expanding neural nets whilst ours remain fixed at 1400cc..

If we get lucky AI will become a benevolent all knowing all seeing God, IF we get lucky! If we get unlucky then AI will be a malevolent entity much as human dictators throughout history have been. Absolute power corrupts absolutely. If AI ever perceives humanity as a threat to it's existence then that would be our eradication moment. This is not for now, or tomorrow but at least a decade or two down the road when the gap between human intelligence and AI has becomes too large to bridge.

The only logical solution is to NOT DEVELOP AI which is NOT going to happen!

Consequences of AI

What happens to humans when they are no longer able to control their own destiny i.e. become less than wage slaves? For that we look to what the Welfare States have supposedly achieved. Does giving benefits to people help or hinder people? In Britain we have a benefits culture that extends to some 9 million people of working age who for a multitude of reasons do not work. So what happens to those within this sub culture?

Are they seeking ways to better themselves or do the devolve deeper into self pity expecting someone else to do things for them, do those who live on benefits look after the property they live in? Their neighbourhoods? We'll go ask any landlord why they won't rent their properties to those on benefits because they will be a nightmare of unreliability.

The Welfare State / Benefits System acts as a noose around peoples necks, it does not help them up but rather holds people back, effectively paying people to be FAILURES, why bother even trying when you get paid to fail and then these people look to those who have worked their butts off with envy and greed and have the cheek to blame them for their failures, predominately immigrants, "we are sat on benefits because they took our jobs", "we can't get housing because they took our houses", NO you don't have a job or a good house to live in because you are a lazy bum who needs a kick up the backside to get moving by doing that which is difficult rather than envy others who have worked hard!

Unfortunately AI will act to destroy cultures of hard work and initiative and thus turn many if not most humans into lazy, miserable, quick to blame others benefit claimants where it won't be the fantasy of free money doled out to the masses by a benevolent AI, it will see humans devolve seek ways to maximise benefits for the least amount of effort. Crime will soar! As the laziest humans will have little better to do then procreate and thus dilute the human gene pool with laziness and ignorance, humanity will effectively de-evolve, that is what the welfare states do! It devalues and devolves human life! Worse still it pits people against people, I go on youtube I see those on benefits posting videos of how they need more benefits and then with their next breath how the government gives more benefits to the migrants instead of their own freeloaders.

That's what's going to happen as the human economic pie shrinks, humans will not blame the AI they will blame one another for why they should get more benefits then the other. You see this happen everywhere the government steps in with a helping hand, the so called projects in US cities of the 1960's and 1970's, fat lot of good the projects did said communities, they made things ten times worse! What happened to America's black neighbourhoods when the government stepped in with all of their so called progressive programmes? It destroyed black neighbourhoods, destroyed black families! Before affirmative action the norm was for black families to have children living with both parents, today it's less than 25%! That's what happens when the state steps in to help, it makes people LESS HUMAN, more animalistic!

The Universal Basic Income won't be a good thing, it will dumb humanity down and pit humans against humans as the amount of resources shrinks.

For AI it will be like like watching ants battling other ants completely oblivious to who is really in charge. The fact that we are racing towards developing Artificial super intelligence tells us that humans are a dumb intelligent species, we can see where all of this this heading to but still do it anyway!

How could ordinary humans survive in such a world? In virtual reality where we will exist for most of our waking lives in our own virtual worlds, given the alternative of the real world humanity will embrace the virtual world where THEY personally have all the power to do what they want to do, and communicate with people from other worlds on their own terms.

The bottom line is implementation of a Universal Basic Income will mean a leap towards communism where everyone but the elites effectively gets paid the same amount to live off, left to barter and gamble between themselves so as to get an edge on fellow comrades. Whilst it may take some time for nations such as the US to go fully down this path there are nations that are already primed for communism namely CHINA!

The worse an economy gets for the masses the more those with wealth will be forced to hide the fact that they are wealthy both from the state and fellow citizens else both will seek to steal their wealth. The media will portray the ideal life as being Mr and Mrs Average, shopping at super markets full of food with their UBI, just as Soviet propaganda used to be, so both the poor and the rich will be censored. One day all of these cash flashing influencers will get banned or worse imprisoned!

You want to know what the future looks like go and see what it's like in a run down area of town where you will find most of the shops have closed and what few shops are open charge a lot more for groceries than supermarkets as they have to cope with the soaring crime rate. The great irony is that the poor pay MORE for than the rest of the population due to lack of facilities such as local super markets, a downwards spiral of fewer jobs and resources, welcome to the Ghettos of the 2030's!.

The system criminalises the poor through debt and fines, forces folk to engage in criminal activity as a means to an end, which is what has transpired in Black Ghettos, it wasn't always that way but that is what happens when the system breaks families apart as a function of the benefits system, i.e. families are encouraged to become single parent households, forcing people into debt that they cannot repay due to lack of income which encourages seeking easy criminal solutions to ones problems, after all if one has little to lose then why not. That is what is in store for most humans as AI eats the economic pie.

So the choice is yours, do nothing today and accept your NPC future (Non Player Character) who will no control over your life. Or do the heavy lifting as iterated in my 3 HGR guides and get the ball rolling to beat the system whilst there are still opportunities to do so.

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UBI - Universal Billionaire Income

Sam Altman in all his glory is paving the way to turn the masses into slaves on the receiving end of a Universal Billionaire Income. Hands outs from the rich! How is he going to do this? By having his very own money printer, world coin crypto currency, where he will plow some of what makes through OpenAI in attempts to buy your obedience, silence and servitude.

This is the world we are heading for, gambling on crypto's under the control of billionaires who will buy your silence with free money, world coin is not in the future, it is here trading right now! Started off by handing out 25 World coins to early adopters, that one buy sell and hold on the click of a mouse.

This is the future for the masses, the rich will get exponentially richer as billionaires turn into trillionaires where they will buy your obedience with free money, imagine the hoards on the payroll of trillionaires tasked with silencing any and all critics, forget about buying the politicians they will buy the whole electorate! We are fast heading towards a totalitarian existence where the ONLY protection you will have is to be as wealthy as possible, else you will be under the direct control of trillionaires Nazis.

There is no such thing as free money, you will pay a price for every free world coin you receive. Evil billionaires will soon become evil trillionaires. Yes it is evil because as I covered before it will devalue human life to the point that humans will become degenerative gamblers speculating on the likes of world coin that they will use to pay for goods and services and where you have gambling you also get an increase in crime to both profit from and service the gambling pandemic. We are already seeing the precursor of what's to come with the crypto's, after all what are crypto's good for? Forget the sales pitches, the reality is the primary function of crypto's is for GAMBLING on the crypto price, why else are any of us holding crypto's other than that we are gambling that the price will go up! Crypto's are NOT an investment they are a GAMBLING! So don't delude yourselves that investing in Bitcoin is a new dawn, no it's gambling that the Bitcoin number goes up!

Is World coin worth a punt?

Tokenomics are supply capped at 10 billion for 15 years then a 1.5% inflation rate kicks in, current circulating supply is 15%, so there is a lot of unlocks in the pipeline, i.e. a near x7 increase in supply. So it is another one of those smoke and mirrors crypto's to give the illusion of a benevolent billionaire when the reality is that it will further enrich and concentrate power in the megalomaniac Sam Altman's hands. Compare this against Bitcoins inflation rate over the same time period of about 10%!

So yes it will pump but as the above chart illustrates the pumps will tend to prove short lived due to bad tokenomics, i.e. it's currently trading at $4.8 vs it's Mid March high of $11.7. All those who bought the FOMO at $10 are down 50% whilst BTC is trading near it's high.

US Housing Market Analysis and House Prices Trend Forecast 2024 to 2026

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Here's what you get access to for just $7 per month -

※ Patrons Get FIRST access to all of my In-depth analysis and high probability Trend Forecasts, usually 2 full months before the rest of the world. Notified by Patreon by email as well as posted on this page and I will also send a short message in case the extensive email does not make it to your inbox.

※Access to my carefully constructed and maintained AI Tech Stocks Portfolio that is updated on an ongoing basis, that includes on going commentary and a comprehensive spreadsheet that features unique innovations such as the remarkably useful EGF's.

※A concise to the point Investing Guide that explains my key strategies and rules

※ Regular content on How to Trade & Invest incorporated into most articles so as to keep patrons eyes on the big picture and net get too sucked into the noise of price swings.

※ Access to my comprehensive How to Really Get Rich series of articles, clear concise steps that I will seek to update annually and may also eventually form a Patrons only ebook.

※ Access to conclusions from my ongoing market studies from a total of over 200 conducted studies over the decades. updated whenever the market poses a question to be answered. Also enjoy the fruits of R&D into machine learning such as the CI18 Crash indicator that correctly called both the pandemic crash (Feb 2020) and the 2022 bear market (Dec 2021) well before the fact.

※Join our community where I reply to comments and engage with patrons in discussions.

※ I will also keep my Patrons informed of what I am currently working on each month.

※ Influence over my analysis schedule.

My objective is to provide on average 2 pieces of in-depth analysis per month and regular interim pieces of analysis as market briefs. So over a 12 month period expect to receive at least 24 pieces of in-depth analysis. Though my focus is on providing quality over quantity as you can see from the extent and depth of my analysis which I deem necessary so as to arrive at that which is the most probable market outcome.

So for immediate access to all my analysis and trend forecasts do consider becoming a Patron by supporting my work for just $7 per month. https://www.patreon.com/Nadeem_Walayat lock it in before it next rises to $10 per month for new signup's.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your AI tech stocks buying the dips analyst.

By Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 35 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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