Corona Virus BS.



Down 935 now since opening.

Its all supply and demand......they are just switching over to a spring blend.........nothing to see here.......yadda yadda yadda.....

I’m thinking it’s not BS, the virus can/will have a crippling impact on financial markets, just look at China factory production in the recent weeks. It’s not going away soon. Good buying opportunities are coming in the stock market assuming one still has dry powder!

And I haven’t a clue what you are saying . . .

The demoRats will try to blame it on Trump.

Corn, and soybeans are down as well.

I'm guessing that retail prices will go way up as the Chinese supply drops. Wait until the bug hits India where the population is even more crowded than China.
On the good side, maybe people will wake up to the necessity of keeping a strong American manufacturing system in place instead of farming it all out.

Maybe.

People like their cheap Chinee Chit though...

Well I don't think the stock market can offer 25% annual returns indefinitely. My account was 2X% last year, and since new years it is about 20%. So a slowdown to get an annual increase at 10% seems more realistic.
Lost china goods translates to other markets like the US. Short term blip may have better long term results.

Jim doesn’t know what he’s talking about majority of the time. Now if you ask him bacon, he’s your man..

I'm not needing any cheap plastic Chinese trinkets so maybe I'll get through it.

It's more than trinkets coming from China, Walmart would be a popcorn stand without all the Chinese goods.

Look around your house. You will see a lot more than cheap Chinese crap. A lot of your good stuff is made there, too, appliances included. See that big gray transformer on the power pole that feeds your house? I've read that most, if not all, of them are from China.

It's a slightly more serious version of the flu. Much ado about nothing. Give us the statistics on the number of folks that did not die.

As was said, it might be a good thing. When the British taxed rum, the colonists learned to make whisky with the corn they had.

We don't have those numbers accurately, as they are being obfusticated by every govt group that can.

This is much more deadly than influenza A or B, and will have a far broader ripple effect as it bounces around the globe over the next few years. You're underestimating the effects of a pandemic which kills at least 1 or 2% of the world's population in a globally-connected world.

Even if in the biggest of pictures it's "just another virus," in the small pictures of everyday life when it hits a nation or a state or a city and the entire place is shut down for weeks, that has a large local impact.

What we are reaping now is what we get for relying on goods from China.

The Chinese "good stuff" is cheaper that the made in the USA good stuff.

not a dang thing I can do about except enjoy the ride

A lot of uncertainty around the virus, as it runs through more developed countries like Italy and South Korea we will get a more accurate assessment. This could be the start of a pandemic we cannot stop, or something that can be contained. Never believe anything that comes out of China.

Stock have been overvalued for a while, so this could just be a correction.

Rush was commenting on the coronavirus this morning and said it is all media hype and just a common cold virus. It has a 98% survival rate which is better than the common flu. Also said it was probably a result of the chicoms trying to weaponize a virus for their bio program.

+1, not just another flu.

Awesome isnt it?😁

Have a chunk of change i've been waiting to throw down.

FIXT

BIOWEAPON.

Corona Virus and Bernie Sanders.

That's where I get all my investment advice from too

Looking at the rate of goods moving through Chinese ports today, vs thirty days ago shows the world's 2'nd largest economy is taking a big hit.

It only took the destruction of two buildings and 3000 souls in 2001 to wipe out a lot of portfolios. The events of 9-11 are just a pimple on the butt of a viral pandemic.

We are currently in a stock bubble comparable to 2000-2001. It is going to correct sooner or later. This Corona virus thing will likely make that sooner.

I am playing it safe, and today moved my entire 401K into stable value funds. I got through 2008 unscathed in the same manner. We will see what the market looks like mid November. Probably put it back into stocks then.

If markets tank hard in the coming months, Sanders could pull off a win in November.

😲

Looks like a sale to me.

The ballbearings I used at work were Chinese as were lots of the screws. The substitute brands are too. No screws equals no product

This could well be the tipping point some have been expecting for a bit to trigger a correction in the market. Gold and silver are up.

I punched out of my real estate investments last year, I'm might sneak some cash into the market if we get a big enough correction. My end of the real estate market is going to be dead for a while I think. Never get into a hurry and never get excited, it's a marathon.

We had no choice but to use Chinese stuff. It was forced on us, though not connecting the dots and knowing the plan, we went willingly.


The deep state NWO has been in the process of destroying the US, a Christian nation, for a while and planning on replacing its top dog status with China, who would not hesitate to save the world from overpopulation by doing something as ridiculous as loosing something like a bioweapon on the earth to reduce the population drastically.

IOW, affecting the plans of Project 21.

Obama and the dimocrap communists have been selling us out for sometime. Ex, Feinstein and her Chinese spy, Biden and Hunter, Piglosi, Hillarys computer opened to the Chinese, our major companies like GE moving HQs to China, etc.

Commies of a feather will flock together, just like Carter and Kerry and Sen Kennedy siding with Russias communists against Reagan. We say they in govt want our guns because they want to control us to their ends, but we dont even believe what we say. We say they are crazy and want to destroy the US, but we dont believe it. We cant get a freaking whole string of clues. Why? Because we've been indoctrinated too.

Under Zero, the US lost 67,000 mfg companies. Trump threw a wrench in that plan by affecting tariffs on Chinese goods. That's also why he got the US/Mexico?/Canada tradepact going which the dimocraps fought tooth and nail.

We all know the Democrats are communists who support acts to hurt the US, like muzzy immigration, open borders and releasing alien criminals back onto our streets and fighting DHS and supporting sanctuary cities.

We all know the Democrats are communists and we think they will do ALMOST anything to win control.

Well, we hzve been wrong. They will do ANYTHING to win, even if it means selling us out to their commie buds the Chinese, which is what they have been doing.
We know they are evil but we are too stupid to believe exactly how evil. We cant think in terms of the evil they embrace. How evil and how low will they go? Well, how much lower can a group go than to kill babies post partum.

We kept giving them the benefit of the doubt for decades, which is how they gained such power and yet we see them kill babies and still we underestimate their degree of evil. They indoctrinate kids in school to give up their brains as we see in Gayghost, rollin Blunder, la Roye, Jell0, Diddler and Gooschiet.

We are stupid. We are the ones who financed the Nuclear programs of N Korea and Iran and OUR CIA has been our enemy since before JFK. They are behind the drug running and even behind the MS 13 construct. George Bush was involved.

Why did Hillary promise to shoot Putins planes out of the sky over Syria?

It's time we got a freaking clue. Trump initially said he would release all the info on the death of JFK. He reneged for a reason. The shockwaves would have been enormous.

Trump initially said the declass would reveal everything. Then later, he recanted and said he thought it would be too much for many to handle.

It's time we got a clue and connect some dots.

They are EVIL.

HE didnt lie to us, OUR STRUGGLE IS AGAINST THE PRINCIPALITIES OF EVIL. THEY SERVE LUCIFER.

I'm not yelling at you, Barry. Im yelling at everyone.

But gold is pushing towards $1,700.

The flu has killed more than 10k here in the US alone but no media attention. The CV may be bad but at the moment seems more of media hype than a major threat. There is not much we can do about it anyways. That cat is already out of the bag.

I hope Trumps visit to India ramps up trade between our two countries and puts China in the backseat.

Do you think Judy Shelton will be confirmed? How many of his nominees do you think Trump will wait for before ordering an audit of the Fed?

Try to get latex or nitrile gloves not made in China. Same with surgical masks. Not cool.

I dont know, nor do I know if he will audit the Fed. I expect he will end it or nationalize it and we will return to some form of tangible assets probably gold, backing a real US dollar and not a worthless paper bank note.

Andrew Jackson, the man in the portrait behind Trumps desk, was a strong gold standard proponent. About 3 mo ago, at a rally, Trump said the US should be the gold standard of the world.

He also said there will never again be this cabal trying to destroy the presidency again. How can he make that true? Only way I can see is vesting the power back in the peoples hands and having the people control the money.

Amazing how the Jews talked us into trading our personal wealth for worthless inked paper.

See You Tube The Hidden History of the Incredibly Evil Khazarian Mafia.

I'm hearing Trump has lost a big chunk of his wealth to be the POTUS and drain the swamp.

I know the left and deep state hates him. Hell, the DOJ, FBI, and CIA committed treasonous crimes against him. He put all his family in danger attempting this project. He didnt develop or attempt to carry out the plan to drain the swamp by himself. He had help. Big help that required knowing the deep state plans, such as military Intel help and genius planning.

Trump said on Feb 6 they "are evil" and corrupt and crazy. He told the truth.

Who thinks they dont want him dead to preserve their evil ways which have made them wealthy?

Anybody notice we have some new super virus to fear on almost a yearly basis? Bird flu, swine flu, ebola, corona, etc. When one actually does come along, no one will believe it.

Globalism fear mongering.

They want you to panic and run to govt to save you.

That's gonna get worse.

I don't know what Rush actually said, but the survival rate for influenza A/B is about 99.9%.
The survival rate for COVID19 is about 97.5%.

That is a MASSIVE difference if we're going to start counting deaths from viruses that run the globe.

It's a step in the right direction but it might not be enough calm the markets .

https://thehill.com/policy/healthca...ress-for-25-billion-to-fight-coronavirus

If you think it’s not a big deal, you should contemplate how much of our medicines are made only in China, or dependent on feed stock only made in China.

I’m looking at no vitamin C to add to my feed. That’s a sure fire way to a lot of sick animals....

All this puts going to war with China in perspective.

They’re operating at 70% capacity. Going to war with them would cut us off completely. We’re a whole lot more dependent on their finished goods and feed stocks than they are on our raw materials, oil, and agricultural products.

We will see impacts on a lot of our supply chain in next few months that could last a year. From automotive to airplanes to farmers and ranchers. It’s going to have a impact on all of us.

Hopefully this a wake up call

Trump already addressed energy independence

More Winning!

we’re never going back to the gold standard.

The following has never been repealed by amendment:

"No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts."

- US Constitution, Article 1, Section 10

Since the Constitution is the highest law in the US, States are forbidden, by Article 1, Section 10, from abiding by Legal Tender Laws passed by Congress, which purport to require States to recognize something other than gold and silver coin (namely Federal Reserve Note Currency) as tender in payment of debts.

Correct and it can be a hedge in your portfolio but not where smart people put all their money. Diversify, real estate, cd’s, money market, other short duration classes if you are deathly afraid of equities.

Some day we will have a very large correction, I’m not convinced gold is the answer.

Think the liberals are cheering for a sharply down market going into the election?

This ought to put Cabelas/Bass Pro under!!

investments are long term or should be. Adjustments for scares are normal. Some adjustments are heavier and longer than others. I may eat my words later. LOL.

If it gets down to minus 10 or 15 percent off the peak the Central Banks of the world will be along with another dump truck full of electronic money to prop it back up. No worries if you are in funds or indexes. Individual stocks are another matter.

Eventually, that stops working. It devalues Federal Reserve currency, and when it's devalued enough, folks will begin scrambling to dispossess themselves of it, which triggers hyperinflation.

Yes, but we will finally be able to pay off our national debt

LOL. Yep. With a suitcase full of freshly printed Trillion Dollar Bills.

What a great guy! He's willing to trade his valuable gold for my worthless fiat currency.

280Shooter, what you're suggesting is about as silly as to suggest that a grocer must actually have empty pantries in his own home kitchen because he sells those supplies for a living. Not at all. A grocer keeps whatever supply of groceries in his pantries that he deems appropriate for the circumstances. If he's convinced that shortages and inflation are on the horizon, he doesn't stop selling groceries in his store. It is, in fact, via profits earned through selling them that he can afford to keep or increase his personal stockpile of whatever quantity he deems advisable for himself.

this season:
Coronovirus: 2,700 dead.
'Common' flu: 8,200 as of 1/24.

So what's the big deal with the beer virus vs. the common flu?

Gold goes bad? Groceries do. What is the argument that they make? Exactly the one that I stated. The slow among us never stop to question. Perhaps the Iraqi Dinar may interest you? In times of crisis, copper and lead trumps gold.

The big banks like gold. They don't want anybody else to like it because "supply and demand".

https://www.ft.com/content/b62ebb1a-b3a6-11e9-bec9-fdcab53d6959

Bottom line,.....gold and silver is real money.

Everything else in circulation is schitt.

Real estate, gold, silver.

Everything else is just an IOU.

Precisely.

OO,

was that your words or Rush's (in bold) ?

It's flat out wrong.

Sycamore

I ain't worried and havent been since 1986. I am probably missing something...

I like Rush, but he is dead wrong on this. The flu is everywhere and affects millions of people, so yeah, it kills more. The Corona Virus has only affected a few thousand, and its kill rate is higher that the flu. The flu also has shots to keep millions from getting it. The Corona Virus does not have a vaccine yet. It takes longer to affect someone who catches the virus.

Also, the reason they are not declaring it a pandemic is the insurance for bonds to cover pandemics would have to start paying out and they could go bankrupt causing a global recession.

Another thing, China took DRASTIC measures to stop this virus. Locking people in their apartments or homes by welding bars across their doors or new locks on the outside. They have also locked the patients in their rooms in the hospital feed them through double door windows. They have shut down factories, schools, and made everyone stay home. DRASTIC action. At no other time have they done this. SARS was contained quickly. This virus has not. It can live 9 days on a surface like a counter top.

The people who have survived, were either very healthy, or they put them on ventilators forcing them to breath at a certain rate. To much it doesn't stop it, too little it doesn't stop it. People have had to be put to sleep while on the ventilators for about a week until it finally stopped the virus. Some people have got well but still carried the live virus that could infect others.

This virus is totally different from other normal viruses, thus why they think China may have manufactured it for possible biological warfare, but it escaped their facility. They won't let anyone in to help them and are keeping western doctors out. Seems fishy.

This.