Why GPU prices are NOT likely to drop significantly EVER!

[Harold lloyd]

i expect you are in a minority when it comes to being able to program in assembler language these days.

Yep inhouse devs use a lot of C++ and C# for PC games and me too and it works because modern GPUs/CPUS are real fast.
In the 90s it was mandatory to use a lot of assembler to squeeze out every ounce of CPU performance or your game would run too slow.
Today there's still a big advantage using assembler as you get full hardware control, its like the devs use C# and ride their ford model T while I'm in my Ferrari, Lol!

Example you could have a much more complex/detailed scene by writing to the GPU hardware bypassing directx, unreal engine etc that wouldn't run very fast coded in C++ and C#.
You can push the GPU/CPU etc to the limit just as you could in the old days with assembler.

 

[Harold lloyd]

Bleh, it's better to buy a whole new pc with a gpu than it is to buy a new gpu on it's own.

Yeah sometimes the discounts are good if you the buy the whole rig at once.

 

[Harold lloyd]

***** UPDATE TIME ************ UPDATE TIME ************ UPDATE TIME *******

1. GPU prices are still VERY high, Lol!
The Gigabyte 6700xt I bought almost a year ago for nearly £700 (£680) was a crazy price But its even higher looking at shops
around the net!

2. I warned you folks early last year about Massive inflation incoming, most of you didn't take any action and now you have
lost a big chunk of your life savings by staying in cash/credit! (bank, high interest account or investment etc)

ABC news headline from last week, "US inflation highest in 40 years, with no letup in sight"
ABC interviewed Courtney Luckey 33, she said could fill up a grocery cart for $100 but now this fills barely half the cart!

3. You are being robbed of your savings by the inflation tax due to a collapsing currency!
Food, petrol, building materials, ddr5 and just about everything across the board is going up.

4. Crude oil runs almost everything which I said before and is over $90!
My prediction for this year is that crude (WTI) will likely go past $100
My other prediction for this year is that food prices will accelerate upwards due to fertiliser costs and other factors.

5. I've been going on about stocks then housing markets collapsing, well the inflation will knock them out just like
Mike Tyson knocking out his opponents!
Be warned if those two go then we are looking at all the other financial markets imploding and razor wire around the doors and
windows time. Not good at all so best it is delayed as long as possible

6. Heed the warnings people, I have been trading for a long time as well as being a programmer.

Regards, Harold

 

[Harold lloyd]

I thought you were busy making Bitcoin2...

Actually I have been doing some heavy programming, disassembled Watch Dogs Legion added some textures to give it a cyberpunk/blade runner
theme. Work in progress but no crashes so far and looks fabulous, may change some of the dialogue as characters lines tend to repeat.

Ok folks had a good look at UBIs engine WDL under the hood, and found something interesting the texture footprint is HUGE plus they are using LOD textures
instead of mipmaps! which eats up VRAM. So we are going to NEED that VRAM as devs are finding ways to use it, that 24GB on the 3090 is not
redundant at all.

Oh forgot to say also disassembled Far Cry 6 and Cyberpunk and both have Huge tex Vram footprints set at ultra.

Forgot to add the LOD textures will give super crisp graphics at 4k (not needed at 1080p) much better than the old mipmaps. Looks like the industry is making a push towards 4k gaming, all that VRAM on new cards is not there for no reason.
Devs I talked to at ubi were very tight lipped about the WDL engine, must be nda! Anyway I tore the whole thing apart and disassembled the games to see what's going on.

Maybe post up some of my results on this forum later.

 

[Harold lloyd]

Don't forget the cost of carbon taxes!

Point taken.

You didn’t warn anyone, people already knew so don’t start spouting ******** thinking you’re the holy grail of GPU information.

What are you on about? The inflation/currency collapse was the warning, Gpu prices was a prediction NOT a warning.

Fixed

Made me laugh and I'm serious most times except when partying.

This is why the top few percent of the world's richest people are gaining more it only means us plebs on average are getting less and less!

This is why people need to stop defending all these companies jacking up pricing. Their workers are not benefiting it appears,but the top few are.

Sure the richest collectively have trillions in paper assets which is just a CLAIM on future wealth, this much can't be spent when the inflation sets in it will evaporate into thin air!

The average joe can buy say a few silver coins, some jewelry per year it doesn't have to be land/property or ponzi schemes.

 

[Harold lloyd]

I wasn't going to bite,but seeing as others did...

Nobody notice his crystal ball failed to work and he over paid for his 6700xt.

Actually I paid less than £200 for the 6700xt so my crystal ball DID work with flying colours!

Here's how, years ago before major inflation/currency collapse was even a blip on the radar I got mostly out of paper assets
and they have gone up about 5 times and even faster as the currency collapses so I can sell an asset at todays prices to buy something in cash,
so if I buy a 2k GPU it costs me less than £500!
Most of you won't have this advantage. I don't have much in cash/paper/credit and more inflation and my non paper assets just go higher.

 

[Harold lloyd]

So what you're saying is you still over paid for a GPU

Noooooo, thats the point I paid about £50, next to nothing for an expensive GPU.
Also 64GB ram doesn't come cheap but I got it almost for free.

Read my post further down to see how.

 

[Harold lloyd]

Getting out years before doesn't sound like a functioning crystal ball. That sounds like you missed the boat by a few years.

I was born in the 80s, wisely years before a huge financial crash, meaning my parents were able to afford nappies for me!

There was no peak cheap oil then people still had decent purchasing power then.

What if you you/parents had bought some land/property in the 90s how much would it be worth today?
Getting in early works IF you time it right.

Read my post further down to see how I did it.

 

[Harold lloyd]

You still paid whatever the asking price for a 6700XT is which would be £700+ at the time of purchase.

Actually I paid next to nothing for a brand new shiny GPU. Here's how.

Say I buy a non paper asset years ago for £200 because I believe the National currency will lose value.
Now some years later this asset is worth 5 times at £1000, so I sell it for £1000 cash and pay £700 for the Gigabyte GPU then
I still have £300 left which would be say worth £150 in todays purchasing power terms, so I am only £50 pounds out of pocket on the GPU!

Now where did the £800 profit come from?
From people who are betting against me and they are both rich and poor who are in cash like a bank/savings/high interest account!

Anyone who is staying in cash is betting/investing against me and since I am winning your wealth is being transferred to me!
So I am using YOUR money to pay for my GPU and other expensive parts in my rig, and what about my monthly bills who is paying that YOU or me!

Hope you get the explanation folks.

Regards, Harold

 

[Harold lloyd]

It's not free is it? It was "earned" by trading.

Yep you can call it earned, but all I did was put the bet on, waited my time and collected the profit from the wealth transfer, no real work needed.
If I haven't spent even a penny of my own money since I retired in my thirties, and all the bills every year inc expensive PC parts etc have been paid by others through a wealth transfer while I partied/gamed/programmed/whatever then that's FREE enough in my book even though technically it is what you say.

I wouldn't even call it earned myself more of a wealth transfer due to inflation TAX.
Your house price going up each year isn't really earnings its due to inflation tax.

 

[Harold lloyd]

So someone is saying they have gambled some money,

Gambling and investing are two sides of the same coin.

 

[Harold lloyd]

Using your own money is gambling, using someone elses is investing

Ha ha, good one!

 

[Harold lloyd]

Explain inflation tax.

Okay folks I think I should explain better how I make the profits.

You buy hard assets like property, rare coins, land/farm land, commodities etc and get almost totally out of paper assets.
Now the hard bit is timing it so you buy at the LOWEST prices and also expect inflation to pick up soon and take those hard asset prices higher.
If you get the timing right you can see your hard assets rise in price each year and beat inflation tax by quite a bit also you can stay in some hard assets for over a decade.

What I do is sell a fraction of my hard assets then there's enough cash for a year or two to pay the bills etc.
So where's all the profit coming from? Its due to a wealth transfer from rich and poor ending up in my hands (and other hard asset holders hands)
The wealth transfer is due to a tax on wealth! much like the council/government tax you pay each month and income tax etc.
Example, if a rich stock market player makes a big profit some of that is chopped off and given to me and other hard asset holders for FREE!
We are basically taxing these peoples wealth using inflation TAX just like the government does so our own profit exceeds inflation by quite a bit.
If that rich stock player cashes his profit out he finds he can buy much less with it (food/fuel/services etc), us hard asset holders have taxed him!

Anyway the proof is in the pudding, I haven't spent even a penny of my own money since I retired and all the bills every year inc expensive PC parts etc have been paid by others TAX MONEY!
Now if I see that new 48GB 4090 with a 3k price tag I could just buy it knowing the inflation tax money I'm collecting from people will pay for it all, no need to spend your own cash, almost like a free GPU that someone else has bought for you!
While Courtney in the US is struggling to pay for her groceries her wealth is transferred to me and other hard asset holders! Get out of cash girl and ease some of the pain, D'oh!

 

[Harold lloyd]

...but how much did they lose in the long run before their so called big win?

Being a bit sceptical there but.........
I started with about £300 years ago so not much to lose.
If I lost the whole lot then time to pack up trading and get a full time job.
Turned that into 1k then a few more k then went into hard assets with bigger bets and its paying all the bills now, but after years of hard work.
Other traders have done the same, what about Jim Rogers etc?

 

[Harold lloyd]

I can't help but feel like you're trolling as a rich kid who was given some money at the start of a game of monopoly

Not trolling just talking about my old trading days.
Rich kid, no I started with £300 years ago.

 

[Harold lloyd]

What a drongo.

I'll take that as a positive comment!

 

[Harold lloyd]

What about Jim Rogers and other top hard asset traders like Rick Rule folks they were not exactly wealthy when they started out.
I don't know what big deal you folks are making, I worked hard for years became one of the best traders and all my bills are paid for now.
That's the long and short of it.

 

[Harold lloyd]

If I was a rich trader computer programmer with comfortable living I would have got the tier up from a 6700xt!

I don't program for the industry, its a hobby, been programming for decades, I give devs in the industry advice since I'm the senior programmer.
I made enough from trading , was eyeing a 6800xt but gonna wait until ms/nvidia/amd deliver a REAL RT GPU not just shiny mirror surfaces.

 

[Harold lloyd]

So not taxed. That misunderstands tax. It's just inflation.

Inflation can be excess monetary printing like in weimar germany or due to commodity shortage.
Simply when demand exceeds supply the price inflates. The demand comes from the huge population of course.
Right now I belive we have a cheap crude oil shortage (WTI crude is $90+ dollars) and since crude accounts for about
90% of all manufacturing then thats why prices across the board are exploding and making world records.
This I think will keep on till about 2030.

I believe at some point the working class will panic into hard assets as they see their savings and buying power evaporate.
When the pain gets too much Courtney and other plebs will panic into gold because its real money and other hard assets,
also pro investors, the rich will do the same to save their skins, so when the gold market explodes that will be the signal

I typed into google, and a lot of learned people agree with me.
quora.com/Is-inflation-a-form-of-taxation

David Tufte, Been teaching BA/MA/Ph.D. macroeconomics since 1987.
Yes, inflation is a form of taxation.
John Pelse, Lead Architect at Top Secret (1997-present)
Absolutely Correct!
James Feigenbaum, Ph.D. Economics, University of Iowa (2003)
Yes, inflation is a form of taxation.

Make your own mind up folks.
Inflation tax is cash holders wealth being STOLEN and handed to hard asset holders on a silver platter!
Its like robbing a bank and using others STOLEN cash to buy your stuff. The government has NO WAY to combat this whatsoever, the market is much stronger than the government and runs the world not the government (who like to pretend they do by writing laws ).
While people are complaining about high GPU prices, petrol/food/build materials/services etc, basically YOUR wealth
and buying power is being STOLEN and handed to hard asset owners all over the world.

 

[Harold lloyd]

So you did work hard for the full price 6700XT then

Early on yes a lot of hard work, day trading, almost like a full time job, but moved on to actually buying and holding hard assets as a long term bet on inflation.
The early work built good foundations. Say buy some pieces of land, a few weeks beforehand deciding if its the right time to buy, not really hard work just a bit of mental work like a chess game, then once the assets are bought expect to sit back for the next 5 or 7 years while the profit builds up, don't sell unless you actually need spending cash. Buy and hold.