AI Stocks, ETF Picks, And The Case For $5K Gold And $200K Bitcoin
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Michael Lee, founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. He believes the economy will avoid recession and that it will be a "pretty spectacular period for stocks" for three key reasons. He also believes that the AI boom is real and that Nvidia is undervalued. He recommends investing in gold and Bitcoin, predicting that gold will reach $5,000 and Bitcoin will reach $200,000. He also discusses the performance of tech stocks, the potential of commodities, and his thoughts on the consumer discretionary and consumer staples sectors.
#Stocks #Gold #Cryptocurrencies #Ai #Economy #Inflation
https://seekingalpha.com/article/4696776-ai-stocks-etf-picks-5k-gold-200k-bitcoin
Seeking Alpha /
npub1qpf…damf
2024-05-31 18:47:54
Author Public Key
npub1qpfrthtcf6g8grmwfv45qf28aa4xqk73pgnmwjdfuze8zl2l2cnsewdamfPublished at
2024-05-31 18:47:54Event JSON
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"content": "AI Stocks, ETF Picks, And The Case For $5K Gold And $200K Bitcoin\n==========\n\nMichael Lee, founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. He believes the economy will avoid recession and that it will be a \"pretty spectacular period for stocks\" for three key reasons. He also believes that the AI boom is real and that Nvidia is undervalued. He recommends investing in gold and Bitcoin, predicting that gold will reach $5,000 and Bitcoin will reach $200,000. He also discusses the performance of tech stocks, the potential of commodities, and his thoughts on the consumer discretionary and consumer staples sectors.\n\n#Stocks #Gold #Cryptocurrencies #Ai #Economy #Inflation\n\nhttps://seekingalpha.com/article/4696776-ai-stocks-etf-picks-5k-gold-200k-bitcoin",
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