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About notanewmember

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    Millennium man

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  1. UK Schools closed, general shops closed. People don't have much to do apart from watch the news, then go panic buy in that order. Now the sun has come out, and people are flooding into the beaches and countryside spreading disease. They're eating fish and chips and ice cream like everything is normal. The car parks are full, the roads to the seaside are busy, and people are treating it like a public bank holiday. I doubt people can keep 2m apart. People are moving out from the smoke and into their second or third homes out in the country or to Scotland. Nicola Sturgeon has said this is not acceptable. From today, a lot of National parks, beach car parks, are going to be closed to stop the community spread. --- A ICU consultant has been interviewed on radio - he says the situation is very real, and he doesn't know what's going to happen next as the beds are filling up, yet people aren't taking this seriously.
  2. It's because they had good medical care. But it is early days. If healthcare systems are overwhelmed, then the death rate goes up quickly from there.
  3. The UK has woken up to this, this week. Everyday folk are stocking up on things - long lines at Costco being reported before they open. Europe going into lockdown. The safest place on the planet right now is probably Wuhan - at least life is stable and predictable.
  4. A look at the DOW to Gold ratio here https://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart shows us if this is the start of a bear market there is some way to go before we get to the bottom.
  5. When are the FED going to step in? If we have a look back at 1987, they stepped in at 1,800pts. If we take a factor of 10x, the DOW 30,000 pts as 3,000pts in 1987, we have a frame of reference. Will we get to DOW 18,000pts?
  6. We won't see many cases in the US initially because they don't have the ability to test high volumes right now. This video is from an ex-FDA commissioner
  7. https://www.telegraph.co.uk/news/2020/02/15/coronovirus-bill-gates-warns-10-million-deaths-virus-spreads/ Bill Gates warns of 10 million deaths as Coronavirus spreads to Africa
  8. Gold doing well - $1600+ - new bull run just ahead here. There's a stock called NCYT on the UK AIM exchange. I believe it is also traded on the French and US OTC market - they supply COVID-19 test kits. The market cap is still under £100m. Seems a little cheaper than TSLA which has gone crazy right now. But do your own research everyone.
  9. I thought I posted this already - are you having problems with censorship? So this conference talked about a simulated pandemic in Oct 2019. Yes, yes convenient timing and have a look at who funds it. Anyway they have a number of videos that summarise the conference. I suggest you all download them before they are gone using some sort of free youtube converter online http://www.centerforhealthsecurity.org/event201/videos.html Video 3 talks about the financial impacts - go to 5 minutes. The simulation suggests a 11% fall in world GDP in the first year, and 25% fall in the second year. For a frame of reference, the 2008 financial crisis saw a 5% fall in world GDP. 25% fall would be 1929 Great Depression levels.
  10. The economic impacts are starting to trickle in. YUM foods that owns KFC has already said profits will be impacted. Chinese companies are asking for loans. Some companies are warning of delays to supply of goods.
  11. People are super entitled these days. These powers had to be used. The person probably thought, that he /she wasn't ill or it was just a cold. They probably didn't even know about the virus until they were quarantined, or even about previous outbreaks such as SARS or MERs. They may not even have a smartphone and not read the news! This is what we are dealing with, work on the lowest common denominator. I don't buy this market rally - won't be buying anything for the next 3 months. I'll happily pass up on potential 20% gains if that happens. It is just to risky in my opinion.
  12. https://www.dailymail.co.uk/news/article-7986189/Health-Secretary-Matt-Hancock-warns-coronavirus-imminent-threat-British-public.html The announcement will give the government powers to forcibly quarantine victims
  13. https://www.dailymail.co.uk/health/article-7986517/Number-coronavirus-cases-UK-doubles-EIGHT.html GP surgery closes as 'doctor gets coronavirus' after holidaying with 'super-spreader' businessman and three others in French ski resort while £10,500-a-year private school shuts after pupils' families are put into 'isolation' - as total infected in UK hits eight ---Picked up in Singapore, spreads in France Ski Chalet, now in Brighton.
  14. https://twitter.com/realDonaldTrump/status/1225728755248828416 Just had a long and very good conversation by phone with President Xi of China. He is strong, sharp and powerfully focused on leading the counterattack on the Coronavirus. He feels they are doing very well, even building hospitals in a matter of only days. Nothing is easy, but... ....he will be successful, especially as the weather starts to warm & the virus hopefully becomes weaker, and then gone. Great discipline is taking place in China, as President Xi strongly leads what will be a very successful operation. We are working closely with China to help!