This article was contributed by Lior Gantz from the Wealth Research Group.
I want you to know exactly where I stand on things right now. It’s ESSENTIAL that we all remain FLEXIBLE and resilient as the chameleon is – changing our COLORS, but not our CORE PRINCIPLES – when it comes to investments and preservation of capital. We can’t get attached to our investments, but rather we must make TOUGH DECISIONS and gutsy calls when the times demand them.
The markets are TOO OPTIMISTIC. The below factors are encouraging, but the fact remains that we’re still UNSURE how successful their implementations would be:
This just isn’t the case. There are LARGE SEGMENTS of the economy which people would RATHER NOT frequent and spend time in, even if they were allowed to. Most people polled said they don’t plan to travel, to book hotel rooms or attend large gatherings for at least six months, for example.
No one knows whether or not tourists would enjoy wearing masks poolside, walking around the malls or kicking back at cinemas.
My point is that there’s still GREAT UNCERTAINTY. It is lesser than it was during a complete shutdown, but it does CAP MY PRICE TARGET for the S&P 500, which is another way of saying that we are in a BEAR MARKET/sideways range for at least another 9-12 months.
In fact, we don’t even know if, 2-3 weeks from now, we will see OUTBREAKS PERSIST and major parts of the world return to both STAY-AT-HOME orders and even quarantines.
That isn’t true either. According to a health mastermind panel, which I attended, conducted with several doctors (some of which are world-renowned), the BIGGEST QUESTION MARK is whether or not we know enough about Coronavirus!
A long, winding and UGLY political backlash is not being properly ADDRESSED by markets.
Courtesy: Zerohedge.com
The MMT (Modern Monetary Theory) advocates, who FAIL TO SEE the downside of running these ENORMOUS, unrepayable government deficits using zero interest rates, annoy not just myself. Apparently, they’ve made Warren Buffett, an investor who has made the BULK OF HIS FORTUNE buying during extreme fear, bearish and CONCERNED.
Buffett, whose dedication to explaining himself is what I love most about him, basically said that the Federal Reserve’s actions served one purpose: they saved the system from collapsing into THE RESET. This may be true, but he also believes that it BROUGHT TOO MUCH optimism back and hasn’t solved the root of the problem.
In other words, he is saying exactly what I’m saying. The Federal Reserve was like a mother who saw her boy starving, so she shop-lifted food in order to feed him, instead of letting him die. If the child GOES HUNGRY once more, the mother can break the law again and steal for a second time, but it ends up teaching the child BAD HABITS. While she didn’t get caught, the likelihood of her, making a GRAVE MISTAKE, increases. The boy is saved (the better option), but the mother is on the hook.
Don’t PRETEND that the Federal Reserve’s magic wand is WITHOUT CONSEQUENCE.
If printing currency out of thin air at zero interest rates had NO DOWNSIDE, bankers and rulers would have figured it out centuries ago. We are going to pay the price and what’s truly TERRIBLE is that we don’t know what it will be like.
I will have much more on the true costs of RE-OPENING and what this virus has done for the world, but the bottom line is that the opportunities ENTAIL the indices dropping by 10%-15% from here.
Gold, on the other hand, looks SUPER-ATTRACTIVE.
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I can’t stop laughing at this article! More like the mother has a children that are compulsive over-eaters, so she steals all of the food in the country, and everyone else in America starves while her 100 billion pound children take over the country in the blobs!
Here is an example of the way that the United States is being subtly singled out by foreign interests who are usually involved in wars by Americans, listing “37 wars of victimization”, omitting the wars in Somalia, Syria, and Yemen, most likely because NATO forces are actively involved in all of those wars, nor did it include the Ukraine, or Crimea, Bosnia, or Kosovos, since it is at the request of NATO, that we were there to begin with. People in America have been influenced heavily by journalists, and they are in the rest of the world as well. This is not to justify what America has been doing in anyway, but to draw attention to the fact that foreign journalists are constantly blame shifting, rather than criticizing their own governments involvements in wars, if it is truly their goal to stop war, the obvious thing seems to be educating the readers in their own nations about the wars that their own countries are involved in. When the majority of the foreign journalists do admit that their nations are involved in wars, they blame America for it, even though their own nations and corporations from their nations are extracting oil and other resources from those nations, and usually, more than America does. The Vietnam War was actually fought by U.S. troops for a French Tea company, and for cobalt used for dying expensive Parisian fabric, which this article also omits. This is all done for the purposes of demonizing America, and for the purpose of distracting the citizens of what is taking place by the actions of their own governments. This article also failed to mention the current involvement by the Lima Group created by the Canadian politician who is the grand daughter of a Nazi, Chrystia Freeland in Latin America. In fact, Global Research rarely mentions the Nazi psychopath Chrystia Freeland. I cannot currently think of any recent articles that have even mentioned her name, despite her atrocities. If it was not for Chrystia Freeland, nobody would have even heard of Juan Guaido.
These are all slight of hand tricks done by foreign journalists that pose as peace activists, in a dubious way.
https://www.globalresearch.ca/u-s-regime-has-killed-20-30-million-people-since-world-war-ii/5633111
Sorry, it was indigo, not cobalt! Right color, in the general sense, but totally different things.
If things go south, FRN’s are worthless…. how do you use silver or gold to buy things without getting killed or jailed??
Trump better get started on his trillion trees project, the largest national project in world history! Much better and more economical than the proposed spying and eugenics economic recovery planned by the lazy-assed, incompetent, retarded, perverted, thieving Dracula psychopaths! Their plan produces nothing! A recovery with no value! A recovery that violates more rights so that a bunch of fucking perverts that really should be in the slammer spy on people and get free porn!
Why does Sputnik continue to elevate the pathological liars on Sputnik radio shows? They are all pathological liars and propagandists that do not qualify as journalists by any stretch of the definition? Is Sputnik willing to destroy its own reputation to elevate American pathological liars that are propagandists with hidden agendas?
Apparently so.
Despite the fact that Sputnik News website itself has verified the validity of China successfully administering Hydroxychhloroquine as an effective treatment for reducing symptoms of COVID-19, in addition to the fact that these very same radio show hosts continuously demonstrate that they are Sino-files and strongly prefer China’s unquestioned system of authoritarianism, while never criticizing abusive authoritarianism in China, or defending the rights of protestors, including the Wuhan protests in the summer of 2019, they pretend that these studies do not exist, because Hydroxychloroquine is only $1-$2 a dose, and does not feed the research or Big-Pharma monster enough. Yes, there are populations that should not take Hydroxychloroquine, including pregnant women and people with heart disease. There never is a single fix that works the same for all. The active ingredient in Hydroxychloroquine is a synthetic version of quinine, which is from tree bark and is in tonic water.
The hosts keep demanding supporting Cuba, and their Interferon drug, despite the fact that Interferon has far more fatal side effects for the average person, particularly, liver failure. Hair loss is another one of the side effects of Interferon. It is an extremely dangerous drug and is never well tolerated.
Sputnik radio show hosts are really really really into domination and big brothet!
They should be removed from Sputnik, not to silence Trump critics, but to silence pathological liars with a hidden Orwellian Agenda.
For China, my preference would be not to sanction China, particularly since the shut down has drastically affected agriculture, meat producers, and meat packers, as well as trucking, not to support the Silk Road, OBOR, because of the abuses by the Chinese government on its own citizens, not to deter OBOR through sanctions or war, and if after the expiration of the trade deal with China, if they have failed to uphold their end of the agreement, not to make another trade deal with China. I absolutely oppose going to war against China.
This sounds like 5G symptoms killing 3 young children in New York, from high level EFMs from 5G which rolled out in New York just prior to the COVID-19 outbreak. 5G can vibrate water molecules at the high end of its frequency range. Wi-Fi uses microwave radiation. The higher the Gs, the higher the radiation levels.
From Sputnik:
“The children, who tested positive for the virus, were said to be experiencing inflammation of blood vessels or the heart, instead of the ordinary COVID-19-related symptoms.” -Sputnik
“Cuomo said that the symptoms that appeared in the reported cases were similar to toxic-shock syndrome and Kawasaki disease, an unexplained illness that mainly affects children under 5.” – Sputnik
“It’s possible that these cases were coming in and were not diagnosed as related to COVID, as they don’t appear as COVID,” the governor said. “It may even be probable that this exists in other states and we want to make sure they are aware of it”. – Sputnik
“Cuomo noted that the state health department is urgently working alongside the New York Genome Center and the Rockefeller University to carry out more research on the new syndrome.” – Sputnik
“Health experts in New York first noted the mysterious syndrome appearing in children about a month ago, during the peak of the spread of the pandemic in the state, according to The New York Times.” – Sputnik
“Doctors believe that children with weak immune systems are at high risk for the syndrome.” – Sputnik
“New York Health Commissioner and pediatric cardiologist Dr. Howard Zucker on Sunday urged US parents to pay more attention to the symptoms of the potentially deadly syndrome, which is now officially termed “pediatric multisystem inflammatory syndrome”.” – Sputnik
““I would tell parents that if your child has any nausea, vomiting, diarrhea, pallor – the color of their face changing, the color of their lips and fingers – if they have any chest pains… they should call their doctor and they need to be evaluated,” Zucker said during the state coronavirus briefing.” Sputnik
Those do not sound like symptoms of a virus to me!
https://sputniknews.com/us/202005111079265677-andrew-cuomo-notifies-other-us-states-of-mysterious-covid-related-illness-in-children-as-three-die/