# Physical goods going up; resource trade still early

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2026-02-24
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** LIVE from NEARCON Day 1 In SF (The Rollup)
- **Watch at:** 03:11:35 — https://www.youtube.com/watch?v=oQ93LgM1N-o&t=11495s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2026-02-24-physical-goods-going-up-resource-trade-still-early-wkxj/
- **Cite as:** Greg Osuri, "Physical goods going up; resource trade still early," LIVE from NEARCON Day 1 In SF (The Rollup), 24 Feb 2026, 03:11:35. https://www.youtube.com/watch?v=oQ93LgM1N-o&t=11495s

## Quote — verbatim

> I think physical goods are just going to go up... As cringe as it sounds, we're still in early beginnings, I think, when it comes to, like, resources really — because agents have changed everything.

## Context — site annotation, not spoken

On memory/RAM prices spiking, rare-earth geopolitics (Greenland, Ukraine), and copper/uranium trades; pushes back on the host's suggestion that the picks-and-shovels trade has already played out.