(ZeroHedge)—Guess who is in Beijing today?
Nvidia CEO Jensen Huang boarded a private jet to Beijing shortly after the U.S. Commerce Department announced new export licensing requirements for the company’s H20 AI chips for the Chinese market. Once there, Huang met with the head of a Chinese state-backed trade body, where he reaffirmed Nvidia’s commitment to the Chinese market despite a deepening trade war.
State broadcaster CCTV reported that Huang met earlier today in Beijing with Ren Hongbin, president of the China Council for the Promotion of International Trade — a trade agency under the Ministry of Commerce.
CCTV noted that Huang arrived in Beijing under the invitation of Hongbin’s state-backed trade group.
Huang emphasized that China remains an important market for Nvidia and expressed hope for continued cooperation with Beijing.
Another state-backed news agency, China News Service, released footage of Huang and Hongbin speaking.
“We’ve grown up in China, in fact. And China has watched us grow in the last 30 years. It’s a very important market for us,” Huang said.
Huang’s flight to China comes a little more than a day after the U.S. Commerce Department said Nvidia will need a license to export its H20 chips to China and several other countries. Nvidia revealed that it would be hit with a charge of up to $5.5 billion related to the controls.
So what message does this show? Huang jets off to Beijing. Should the world’s largest chip maker be this cozy with America’s foreign adversary?
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
