Monday, July 13, 2020

COVID: what was the plan all along?


COVID: what was the plan all along?




As time goes by covid-19 has proven not to be the hammer or tsunami we feared. It has not taken the large number of lives many experts predicted but it has brought the economy to its knees. It now seems covid-19 is just a deadly bug that will probably with us for some time. Not only has it spread slower than we were told it would but the fatality rate is far lower than many "experts" predicted. Still, this inconsistent beast holds society confused and paralyzed with fear. The article below is an effort to give this subject some context and frame of reference. Over time answers have begun to emerge as to the extent covid-19 will have to impact our lives in coming years, however, the truth is being diluted and held hostage by politics. Because I live in a rather conservative area my views may be a bit skewed when it comes to how other Americans see the government's role in handling the pandemic. Interestingly, it is mainstream media that is largely responsible for banging the drums of fear by speculating the worst is yet to come. Mainstream media appears to be going out of its way to weaponize covid-19 it an effort to demonize Trump and paint his administration as a failure. One theory is that democrats and other big-spending politicians are using all the fear-mongering as a way to push a massive stimulus package through with little resistance. This is a very troubling development for those of us that expect our government to be at least somewhat responsible and to consider how its actions will impact society. Early on I pointed out the "need to know more and collect real information" was crucial to creating a plan that would minimize the damage covid-19 posed. That need still exists. When the virus first appeared, the projection below was written based on the lower edge of what the experts were touting as expected percentages of infection. No wonder people became fearful. We are all like frogs in a pot of water and the water temperature is slowly rising. If predictions are correct, I see a giant catastrophe ahead. In a city of 300 hundred thousand people, let's do some numbers. They est. 40% to 80% of people may get this bug. Of those American health officials say as many as 20% may need to be hospitalized, some for months. Going with a 50% catch rate, roughly 150,000 people will get infected in my area. With only a 10% hospitalization rate it would come to 15,000 We sure don't have the beds in my area to handle such a surge. Note, this is 5% of the population. In this case, It's not just about how many people may die but the fact that simply caring for so many very sick people creates a massive problem! While it is true we should error to the side of caution when dealing with a new pandemic, the problem is that as this unfolded, not only can we not trust the numbers because of fraud and inconsistent testing from one area to another but when important facts or a shred of truth does emerge it is rapidly mucked up when dropped into this data. Adding to the confusion and fear-mongering flowing from the mainstream media is the fact frustrated Americans confronted with a resurgence of the scourge are facing long lines at testing sites in the summer heat or are getting turned away. Some people are having to wait before receiving a diagnosis. Not only are some test sites running out of kits, but labs are also reporting shortages of materials and workers to process the swabs.



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MARC FABER NEWS

NFE/1.0marc faber - Google Newshttp://news.google.com/news?gl=us&pz=1&ned=us&hl=en&q=marc+faberennews-feedback@google.com©2013 GoogleFri, 28 Jun 2013 00:51:38 GMTFri, 28 Jun 2013 00:51:38 GMTmarc faber - Google Newshttps://ssl.gstatic.com/news-static/img/logo/en_us/news.gifhttp://news.google.com/news?gl=us&pz=1&ned=us&hl=en&q=marc+faberDr. Doom? Marc Faber Sees Stock Buying Opportunity - CNBC.comhttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGHsuxk-dDyhxcxnCl-sfCXfrBDzg&url=http://www.cnbc.com/id/100841125tag:news.google.com,2005:cluster=http://www.cnbc.com/id/100841125Tue, 25 Jun 2013 17:08:32 GMT

Moneycontrol.com

Dr. Doom? Marc Faber Sees Stock Buying Opportunity
CNBC.com
The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ...
Marc FaberMoneycontrol.com
Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% EasilyETF Daily News (blog)
Dr Doom warns stocks are oversold but S&P readies for another dropCitywire.co.uk

all 7 news articles »
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold - The Market Oraclehttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHeIcgHV9wRbIf0mJuPEKrVTZpR4Q&url=http://www.marketoracle.co.uk/Article41119.htmltag:news.google.com,2005:cluster=http://www.marketoracle.co.uk/Article41119.htmlThu, 27 Jun 2013 15:40:52 GMT

Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold
The Market Oracle
The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ...

Marc Faber: Bull in the short term, bear in the long term - MarketWatch (blog)http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHfnXbptbLywfeYVmkyZmZ2DDp7HQ&url=http://blogs.marketwatch.com/thetell/2013/06/25/marc-faber-bull-in-the-short-term-bear-in-the-long-term/tag:news.google.com,2005:cluster=http://blogs.marketwatch.com/thetell/2013/06/25/marc-faber-bull-in-the-short-term-bear-in-the-long-term/Tue, 25 Jun 2013 12:43:25 GMT

Marc Faber: Bull in the short term, bear in the long term
MarketWatch (blog)
... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ...

Marc Faber: Gold a possible canary in the deflation coalmine - MarketWatch (blog)http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEdSfHdIZdAKgZSaeDMUqQz6Ac3lQ&url=http://blogs.marketwatch.com/thetell/2013/06/24/marc-faber-gold-a-possible-canary-in-the-deflation-coalmine/tag:news.google.com,2005:cluster=http://blogs.marketwatch.com/thetell/2013/06/24/marc-faber-gold-a-possible-canary-in-the-deflation-coalmine/Mon, 24 Jun 2013 14:53:27 GMT

Business Insider

Marc Faber: Gold a possible canary in the deflation coalmine
MarketWatch (blog)
Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ...
MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ...Business Insider
"Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ...FXstreet.com
“Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ...Gold and Silver Blog (blog)
Wall St. Cheat Sheet -Gold Seek
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Marc Faber Sees Further Downside - CNBC.comhttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFjIRlyiY6AOMYxMkr6L_cy3PCHHA&url=http://www.cnbc.com/id/100833048tag:news.google.com,2005:cluster=http://www.cnbc.com/id/100833048Fri, 21 Jun 2013 03:06:42 GMT

Marc Faber Sees Further Downside
CNBC.com
China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ...
Marc Faber: More S&P downside, commodities 'horrible'…except goldMarketWatch (blog)

all 3 news articles »
Marc Faber says 'thanks' to Bernanke - MarketWatch (blog)http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFw6FBq19Oa7Z-kgFqUTh6QhUwZIQ&url=http://blogs.marketwatch.com/thetell/2013/06/18/marc-faber-says-thanks-to-bernanke/tag:news.google.com,2005:cluster=http://blogs.marketwatch.com/thetell/2013/06/18/marc-faber-says-thanks-to-bernanke/Tue, 18 Jun 2013 19:33:27 GMT

Marc Faber says 'thanks' to Bernanke
MarketWatch (blog)
[An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ...

and more »
Dr. Doom Marc Faber: Don't Bet on New Market Highs - CNBC.comhttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGx2ZJJjiUcIAY7pGO0Re_QDfyyYg&url=http://www.cnbc.com/id/100788714tag:news.google.com,2005:cluster=http://www.cnbc.com/id/100788714Tue, 04 Jun 2013 15:51:19 GMT

Dr. Doom Marc Faber: Don't Bet on New Market Highs
CNBC.com
Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ...

Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... - Business Insiderhttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH71e36wHy4eeVNx4RPd5hxby3MTw&url=http://www.businessinsider.com/marc-faber-owns-stocks-warns-of-doom-2013-6tag:news.google.com,2005:cluster=http://www.businessinsider.com/marc-faber-owns-stocks-warns-of-doom-2013-6Sun, 02 Jun 2013 17:06:05 GMT

Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ...
Business Insider
"People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ...

and more »
Marc Faber notes liquidity squeeze depressing stocks but still buying gold - Gold Seekhttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEQgrVW6FlfBnocMrK4PekR18WbBA&url=http://news.goldseek.com/PeterCooper/1371737040.phptag:news.google.com,2005:cluster=http://news.goldseek.com/PeterCooper/1371737040.phpThu, 20 Jun 2013 13:30:25 GMT

Marc Faber notes liquidity squeeze depressing stocks but still buying gold
Gold Seek
Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ...

Cheerful Thoughts from Marc Faber - BullionVaulthttp://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEAa_NvXEnALAQETGbirjKhJF6Zlw&url=http://goldnews.bullionvault.com/marc-faber-060420134tag:news.google.com,2005:cluster=http://goldnews.bullionvault.com/marc-faber-060420134Tue, 04 Jun 2013 20:10:21 GMT

Cheerful Thoughts from Marc Faber
BullionVault
SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ...

and more »
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