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Nvidia is the new money.

IcollecteverythingIcollecteverything Posts: 1,033 ✭✭✭
in Precious Metals

I saw a company named Lamda ? got a 1/2 billion dollar loan using the Nvidia chips they own as collateral.

Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.

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    derrybderryb Posts: 38,617 ✭✭✭✭✭

    dang, how much is the salsa worth?

    Chips, as proven in the last supply chain breakdown, can be a valuable asset.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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    HigashiyamaHigashiyama Posts: 2,324 ✭✭✭✭✭

    It’s not that much different from using real estate or a fleet of automobiles or something else as collateral.

    Also, keep in mind that the value computer chips diminishes over time due to obsolescence.

    Higashiyama
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    RedneckHBRedneckHB Posts: 20,237 ✭✭✭✭✭

    Companies often turn their own shares into cash via stock issuance.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    SONOMOSCASONOMOSCA Posts: 430 ✭✭✭

    An Italian bank in Italy has been taking Parmigiano Reggiano as collateral since 1953.
    Unlike some items, this delicious cheese goes up in value with age.

    https://italoamericano.org/parmigiano-bank/

    BST transactions - Wondercoin, SNMAN , Mb423, Timbuk3
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    Clackamas1Clackamas1 Posts: 1,726 ✭✭✭✭✭

    I just bought a new pickup thanks to NVDA.

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    pcgscacgoldpcgscacgold Posts: 3,832 ✭✭✭✭✭

    @Clackamas1 said:
    I just bought a new pickup thanks to NVDA.

    I am using AVGO, COST and NVDA to retire early :smile:

    Completed All CAC approved Classic Head $5 set https://www.pcgs.com/setregistry/mysetregistry/album/344241
    CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572

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    RedneckHBRedneckHB Posts: 20,237 ✭✭✭✭✭

    @pcgscacgold said:

    @Clackamas1 said:
    I just bought a new pickup thanks to NVDA.

    I am using AVGO, COST and NVDA to retire early :smile:

    Well done!!

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,225 ✭✭✭✭✭

    I’m using silver and gold to further my illustrious career. I just sit and wait. They will call. They will sell. They will buy. They know real money creates new money.

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    GoldFinger1969GoldFinger1969 Posts: 3,475 ✭✭✭✭✭

    Only the AI chip shortage leads to this situation.

    Once supply ramps up, NVDA chips have been boom-bust in the past.

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    IcollecteverythingIcollecteverything Posts: 1,033 ✭✭✭

    Any time a stock goes parabolic like this you have to think about taking profits especially when it becomes a large percentage of the portfolio. If you have mutual funds and ETF's you should check them to see if NVDA is in them also. I have a fund that I bought long ago dedicated to chips. Nvdia is a whopping 25% of their holdings! It also appears in the Qube, SPY, and at least 3 other mutual funds averaging about 5% holdings each which adds up a lot. Most of these funds also hold some of my other big gainers like MSFT, GOOG, AMZN and AAPL.

    Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.

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