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by Jim Rickards
Michael Burry is the famous hedge fund manager who predicted the 2008 meltdown…
And made $100 million during that crash.
He’s now putting his own money on the line…
Betting that this AI company I just exposed in this shocking new interview will collapse.
He said:
“This bubble looks an awful lot like the dot-com bubble.” [This company] is doomed and hemorrhaging cash.”
After correctly predicting the last two major stock market meltdowns…
I have to say… I agree 100%.
I believe this company is about to go bust…
In a meltdown that will be 10 times bigger than Lehman Brothers.
So please click here to get the details because…
While most people are in the dark…
Some of the best investors on the planet…
Are already preparing for this coming AI meltdown.
For example, tech billionaire Peter Thiel recently sold his entire stake in Nvidia, worth about $100 million.
The giant investment firm SoftBank also sold all of its Nvidia holdings for $5.8 billion.
Ray Dalio’s hedge fund has also been dumping shares of some of the biggest AI players.
He recently cut his Nvidia position by 65%, Google by 52% and Meta by 48%.
And over the past few months Warren Buffett sold $177 billion worth of stocks…
And he’s now holding a record position in cash.
I highly recommend you avoid these hyped-up AI stocks…
And take these five simple steps to prepare for what I believe will be a meltdown of historic proportions.
The post Warren Buffett Preparing for Imminent AI Meltdown? appeared first on The Gateway Pundit.