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IPFS News Link • Economy - Economics USA

Peter Schiff: Booming Stock Market Mirrors Dot-Com Bubble

• Zero Hedge


This week Peter covers the highlights of the last few weeks of volatile trading, paying special attention to Nvidia, Wall Street's favorite AI stock, and Newmont Corporation, a heavy hitter in the gold mining industry.

Both companies' shares experienced dramatic price action, with NVDA gaining $260 billion in market cap and pulling the market up after an excellent earnings report. Newmont, on the other hand, saw shares fall 7% after a disappointing last quarter. 

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