Financial Heresy
Unraveling the Nvidia Fraud with Nobody Special Finance
Sep 7, 2023
Financial expert Nobody Special Finance joins the podcast to unravel the fraud and market manipulation involved in Nvidia's massive bubble. They discuss Nvidia's history of manipulation, fraudulent practices, and inadequate disclosures. The podcast also explores the suspicious rise in Nvidia's stock price and the connections between Magnetar, CoreWeave, and Nvidia. The speaker investigates potential fraudulent activities in the carbon credits and crypto mining industries, highlighting evidence of illegal activities and the exploitation of retail traders. They emphasize the importance of spreading their message and challenge the lack of press coverage.
57:21
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Quick takeaways
- CoreWeave's massive order for Nvidia's GPUs, funded by Magnetar Capital, raises concerns about potential market manipulation and the motivations behind CoreWeave's significant order.
- CoreWeave's questionable background in carbon credits and crypto mining, as well as its ties to shell companies in the Cayman Islands, raise red flags about the company's practices and potential involvement in fraudulent activities.
Deep dives
Nvidia's significance in the AI market
Nvidia is driving the growth narrative of the entire stock market through its leadership in the AI sector. Its stock price has been skyrocketing and most of the gains in the S&P 500 can be attributed to Nvidia's success. Its recent impressive quarterly results have raised eyebrows due to the large number of orders placed by a previously unknown company called CoreWeave.
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