investmentwatchblog--2020-04-16--James Woods Democrats are exposed that’s an embarrassment to themselves and the country.

The Democrats thought they would milk this crisis until the cow died .
All they did was embarrass themselves , @ @ @ @ @ bully pulpit .
Americans are witnessing the powerful leadership of @ realDonaldTrump while the Democrat @ @ @ @ @ of themselves .
WHY DO DEMOCRATS HATE SMALL BUSINESS ?
Small Business Bailout Fund Set @ @ @ @ @ Standoff .
Senate Republicans attempted to refuel the PPP last Thursday , pushing for an @ @ @ @ @ top of the $ 350 billion initially allocated under the CARES Act .
But Democrats @ @ @ @ @ a version of their own , which would have added on another $ 250 billion @ @ @ @ @ state and local government .
The ongoing standoff leaves hundreds of thousands of small business @ @ @ @ @ pay their employees , which will in turn hasten mass layoffs , driving up unemployment @ @ @ @ @ ’ s already buckling unemployment insurance systems .

The Democrats thought they would milk this crisis until the cow died. All they did was embarrass themselves, while giving Trump a daily bully pulpit. Americans are witnessing the powerful leadership of @realDonaldTrump while the Democrat media goons make sad fools of themselves.
Woods, for the win!
WHY DO DEMOCRATS HATE SMALL BUSINESS? Small Business Bailout Fund Set to Run Dry Amid Democrat-Driven Standoff.
Senate Republicans attempted to refuel the PPP last Thursday, pushing for an additional $250 billion on top of the $350 billion initially allocated under the CARES Act. But Democrats blocked their bill before introducing a version of their own, which would have added on another $250 billion for bailouts of hospitals and state and local government.
The ongoing standoff leaves hundreds of thousands of small business owners without the means to pay their employees, which will in turn hasten mass layoffs, driving up unemployment and further taxing the nation’s already buckling unemployment insurance systems.


investmentwatchblog--2020-04-16--“Kellyanne Conway to reporter: “Paula, I actually don’t know what’s happened to you, respectfully. I

“Kellyanne Conway to reporter: “Paula, I actually don’t know what’s happened to you, respectfully. I don’t know why you’ve changed.”

Kellyanne Conway to reporter : `` Paula , I actually do n't know what 's happened to you , respectfully @ @ @ @ @ why you 've changed . ''
pic.twitter.com/lYU1zq4vGZ

Kellyanne Conway to reporter: "Paula, I actually don't know what's happened to you, respectfully. I don't know why you've changed." pic.twitter.com/lYU1zq4vGZ
— The Hill (@thehill) April 15, 2020


investmentwatchblog--2020-04-16--IMPORTANT: Can Masks Capture Coronavirus Particles?

It ’ s a question or topic that gets thrown around here very often with little explanation or clarity .
@ @ @ @ @ what is happening at-scale with these particles and viruses .
Remember , the goal is @ @ @ @ @ LOAD which is thought to be related proportionally to the severity of disease i.e .
@ @ @ @ @ worse .
The particles in the study below ( 0.007 microns ) that were filtered @ @ @ @ @ the coronavirus ( .125 microns )

It’s a question or topic that gets thrown around here very often with little explanation or clarity.
This article will help explain what is happening at-scale with these particles and viruses.
Remember, the goal is to REDUCE THE INITITAL VIRAL LOAD which is thought to be related proportionally to the severity of disease i.e. mild cases vs. hospitalization or worse.
smartairfilters.com/en/blog/coronavirus-pollution-masks-n95-surgical-mask/
We are primarily funded by readers. Please subscribe and donate to support us!
The particles in the study below (0.007 microns) that were filtered were 10 TIMES SMALLER than the coronavirus (.125 microns)
www.ncbi.nlm.nih.gov/pmc/articles/PMC2662779/
BFD


investmentwatchblog--2020-04-16--Let’s Talk About This VACCINE…

Let’s Talk About This VACCINE…

I ’ ve highlighted a few key points of interest in this 2015 paper on Coronaviruses .
( link at bottom ) My opinion , based on what is in this section is that there is no vaccine coming because they know how difficult it is to achieve safely , and if it it does come… …not only does it easily have the potential to do more harm than good to the patient ( no surprise here ) but beyond that the live attenuated vaccine has the potential to create even MORE novel viruses in the wild by recombining in @ @ @ @ @ @ @ t communicating these hurdles very clearly to the public .
It ’ s not just a matter of 12-18 months… This is just bad news all around .
There are other goodies in this research paper that I will point out and add to the OP later but this is a start .
Coronaviruses : An Overview of Their Replication and Pathogenesis Only limited options are available to prevent coronavirus infections .
Vaccines have only been approved for IBV , TGEV , and Canine CoV , but these vaccines are not always used @ @ @ @ @ @ @ , or in some cases have been reported to be involved in the selection of novel pathogenic CoVs via recombination of circulating strains .
Vaccines for veterinary pathogens , such as PEDV , may be useful in such cases where spread of the virus to a new location could lead to severe losses of veterinary animals .
In the case of SARS-CoV , several potential vaccines have been developed but none are yet approved for use .
These vaccines include recombinant attenuated viruses , live virus vectors , or individual viral proteins expressed @ @ @ @ @ @ @ antibodies have been generated and could be retrieved and used again in the event of another SARS-CoV outbreak .
Such antibodies would be most useful for protecting healthcare workers .
In general , it is thought that live attenuated vaccines would be the most efficacious in targeting coronaviruses .
This was illustrated in the case of TGEV , where an attenuated variant , PRCV , appeared in Europe in the 1980s .
This variant only caused mild disease and completely protected swine from TGEV .
Thus , this attenuated virus has naturally prevented @ @ @ @ @ @ @ and the U.S. over the past 30 years [ 106 ] .
Despite this success , vaccine development for coronaviruses faces many challenges [ 107 ] .
First , for mucosal infections , natural infection does not prevent subsequent infection , and so vaccines must either induce better immunity than the original virus or must at least lessen the disease incurred during a secondary infection .
Second , the propensity of the viruses to recombine may pose a problem by rendering the vaccine useless and potentially increasing the evolution and diversity of the @ @ @ @ @ @ @ .
Finally , it has been shown in FIPV that vaccination with S protein leads to enhanced disease [ 109 ] .
Despite this , several strategies are being developed for vaccine development to reduce the likelihood of recombination , for instance by making large deletions in the nsp1 [ 110 ] or E proteins [ 111 ] , rearranging the 3′ end of the genome [ 112 ] , modifying the TRS sequences [ 113 ] , or using mutant viruses with abnormally high mutation rates that significantly attenuate the virus [ @ @ @

I’ve highlighted a few key points of interest in this 2015 paper on Coronaviruses. (link at bottom)
My opinion, based on what is in this section is that there is no vaccine coming because they know how difficult it is
to achieve safely, and if it it does come…
…not only does it easily have the potential to do more harm than good to the patient (no surprise here) but beyond that the live attenuated vaccine has the potential to create even MORE novel viruses in the wild by recombining in the human host.
They aren’t communicating these hurdles very clearly to the public.
It’s not just a matter of 12-18 months…
This is just bad news all around.
There are other goodies in this research paper that I will point out and add to the OP later but this is a start.
We are primarily funded by readers. Please subscribe and donate to support us!
Coronaviruses. 2015; 1282: 1–23.
Published online 2015 Feb 12. doi: 10.1007/978-1-4939-2438-7_1
Coronaviruses: An Overview of Their Replication and Pathogenesis
Guest Editor (s): Helena Jane Maier,2 Erica Bickerton,3 and Paul Britton4
2The Pirbright Institute, Compton, United Kingdom
3The Pirbright Institute, Compton, United Kingdom
4The Pirbright Institute, Compton, United Kingdom
Only limited options are available to prevent coronavirus infections. Vaccines have only been approved for IBV, TGEV, and Canine CoV, but these vaccines are not always used because they are either not very effective, or in some cases have been reported to be involved in the selection of novel pathogenic CoVs via recombination of circulating strains. Vaccines for veterinary pathogens, such as PEDV, may be useful in such cases where spread of the virus to a new location could lead to severe losses of veterinary animals. In the case of SARS-CoV, several potential vaccines have been developed but none are yet approved for use. These vaccines include recombinant attenuated viruses, live virus vectors, or individual viral proteins expressed from DNA plasmids. Therapeutic SARS-CoV neutralizing antibodies have been generated and could be retrieved and used again in the event of another SARS-CoV outbreak. Such antibodies would be most useful for protecting healthcare workers. In general, it is thought that live attenuated vaccines would be the most efficacious in targeting coronaviruses. This was illustrated in the case of TGEV, where an attenuated variant, PRCV, appeared in Europe in the 1980s. This variant only caused mild disease and completely protected swine from TGEV. Thus, this attenuated virus has naturally prevented the reoccurrence of severe TGEV in Europe and the U.S. over the past 30 years [106]. Despite this success, vaccine development for coronaviruses faces many challenges [107]. First, for mucosal infections, natural infection does not prevent subsequent infection, and so vaccines must either induce better immunity than the original virus or must at least lessen the disease incurred during a secondary infection. Second, the propensity of the viruses to recombine may pose a problem by rendering the vaccine useless and potentially increasing the evolution and diversity of the virus in the wild [108]. Finally, it has been shown in FIPV that vaccination with S protein leads to enhanced disease [109]. Despite this, several strategies are being developed for vaccine development to reduce the likelihood of recombination, for instance by making large deletions in the nsp1 [110] or E proteins [111], rearranging the 3′ end of the genome [112], modifying the TRS sequences [113], or using mutant viruses with abnormally high mutation rates that significantly attenuate the virus [114].
www.ncbi.nlm.nih.gov/pmc/articles/PMC4369385/
h/t BFD


investmentwatchblog--2020-04-16--The Case Against China – The world is going through hell. Who – if anyone – is to blame? [VIDEO]

A great must-watch for those following the unfolding revelation that Covid-19 escaped from the lab in Wuhan , China .

A great must-watch for those following the unfolding revelation that Covid-19 escaped from the lab in Wuhan, China.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t BFD


investmentwatchblog--2020-04-16--Chinese companies still hope for New York IPOs — despite recent fraud, scandals and coronavirus

• Luckin Coffee and TAL Education have each in the last two weeks disclosed fraud within their companies .
• But some in the cross-border listing business say Chinese companies are still intent on listing in New York , despite postponements caused by the coronavirus or geopolitical tensions .
• In the near term , annual audits delayed by the coronavirus mean more corporate issues may come to light soon , said Drew Bernstein , co-chairman of MarcumBP , which audits and advises pre-IPO and public Chinese companies .
For many Chinese companies , their dreams of listing in New @ @ @ @ @ @ @ high-profile Chinese stocks listed in the U.S. such as Luckin Coffee , the self-proclaimed Starbucks rival in China , have been rocked following allegations by short-sellers that these companies faked their numbers , accusations that in some cases are now being internally investigated .
The reports are the latest challenge for Chinese initial public offerings in New York , on top of U.S.-China trade tensions and the impact of the coronavirus .
But some in the cross-border IPO business say the listing plans are just delayed , not canceled .
Worst case scenario @ @ @ @ @ @ @ falling out of favor with the CCP , and get a slap on the wrist .
They also get to keep the $ given to them during the IPO .
They literally have every incentive to keep doing this until there are actually some real consequences , or this type of behavior is entirely blocked .

Luckin Coffee and TAL Education have each in the last two weeks disclosed fraud within their companies.
But some in the cross-border listing business say Chinese companies are still intent on listing in New York, despite postponements caused by the coronavirus or geopolitical tensions.
In the near term, annual audits delayed by the coronavirus mean more corporate issues may come to light soon, said Drew Bernstein, co-chairman of MarcumBP, which audits and advises pre-IPO and public Chinese companies.
For many Chinese companies, their dreams of listing in New York are only on hold.
Some high-profile Chinese stocks listed in the U.S. such as Luckin Coffee, the self-proclaimed Starbucks rival in China, have been rocked following allegations by short-sellers that these companies faked their numbers, accusations that in some cases are now being internally investigated.
The reports are the latest challenge for Chinese initial public offerings in New York, on top of U.S.-China trade tensions and the impact of the coronavirus.
But some in the cross-border IPO business say the listing plans are just delayed, not canceled.
www.cnbc.com/2020/04/15/chinese-companies-hope-for-new-york-ipos-despite-fraud-coronavirus.html
We are primarily funded by readers. Please subscribe and donate to support us!
Why wouldn’t they?
Worst case scenario is they get caught for fraud after falling out of favor with the CCP, and get a slap on the wrist. They also get to keep the $ given to them during the IPO.
They literally have every incentive to keep doing this until there are actually some real consequences, or this type of behavior is entirely blocked.
h/t cbus20122


investmentwatchblog--2020-04-16--BCP: THE DEMOCRATS ARE ALREADY USING THE U.S. POSTAL SERVICE TO STEAL THE 2020 ELECTIONS!

BCP gives us the news !

BCP gives us the news!
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investmentwatchblog--2020-04-16--90 House and Senate Democrats are demanding Trump’s halt all border wall construction during virus c

90 House and Senate Democrats are demanding Trump’s halt all border wall construction during virus crisis.

Senate Minority Leader Chuck Schumer ( D-NY ) , along with 24 other Senate Democrats and 66 House Democrats , have sent a letter to the Department of Homeland Security , the Defense Department , and the Department of Justice requesting a halt on border wall construction .
“ While our country to combat the novel coronavirus ( COVID-19 ) pandemic , continuing border wall construction places local communities at unnecessary risk , ” the Democrats wrote .
“ We request that during this crisis , all border wall construction halt immediately.
” The group of Democrats claims that construction @ @ @ @ @ @ @ can not possibly be practicing social distancing measures and that money allocated for the border wall should be reassigned to aid in the coronavirus fight .
What about stopping illegals coming in with the virus ?
Oh they just happened to leave that part out .
Then take the money for the wall and give it to illegals .
Border Patrol Chief Rodney Scott announced April 6 that 151 miles of border wall had been completed since the dawn of the Trump administration .
Scott revealed in an updated post Monday that the @ @ @ @ @ @ @ risen to 158 miles .
Despite claims made by Democrats , Wolf has pointed to numerous instances where illegal immigrant crossings have gone down after the erection of a wall system

Senate Minority Leader Chuck Schumer (D-NY), along with 24 other Senate Democrats and 66 House Democrats, have sent a letter to the Department of Homeland Security, the Defense Department, and the Department of Justice requesting a halt on border wall construction.
“While our country to combat the novel coronavirus (COVID-19) pandemic, continuing border wall construction places local communities at unnecessary risk,” the Democrats wrote. “We request that during this crisis, all border wall construction halt immediately.”
The group of Democrats claims that construction workers helping to build the border wall cannot possibly be practicing social distancing measures and that money allocated for the border wall should be reassigned
to aid in the coronavirus fight.
www.breitbart.com/politics/2020/04/15/democrats-demand-trump-stop-building-border-wall-during-coronavirus-crisis/
What about stopping illegals coming in with the virus?
Oh they just happened to leave that part out. Then take the money for the wall and give it to illegals.
We are primarily funded by readers. Please subscribe and donate to support us!
Daily Caller report
Border Patrol Chief Rodney Scott announced April 6 that 151 miles of border wall had been completed since the dawn of the Trump administration. Scott revealed in an updated post Monday that the total amount of completed border wall has risen to 158 miles.
Despite claims made by Democrats, Wolf has pointed to numerous instances where illegal immigrant crossings have gone down after the erection of a wall system
dailycaller.com/2020/04/15/democrats-border-wall-coronavirus/
RR


investmentwatchblog--2020-04-16--Commercial Mortgage Surveillance Reveals Troubling Numbers

This article is from Trepp , which is an industry analytics company used by most Wall Street trading desks , and reveals troubling stats in securitized CMBS deals..
The amount of loans that were late , but not yet considered 30 days late increased from 1.9 % to ~10 % .
So , these are loans that are basically in their grace period , but haven ’ t gone 30days delinquent yet .
This is only with 25 % of deals reporting .
So , this is something I will update as the numbers come in .
However , this @ @ @ @ @ @ @ Real estate .
Scary stuff .
April CMBS Remittance Data Reveals 10x+ Increase in Non-Payment of Hotel Loans ; Almost 5x for Retail Loans While many in the CMBS industry had last Friday off , those responsible for paying bondholders and posting remittance reports for deals that pay on the 10th of the month did not .
In fact , about 25 % of the private-label CMBS universe was slated to “ remit ” on Friday and Trepp ’ s bond modeling team spent the day loading data and updating models .
That @ @ @ @ @ @ @ all the numbers .
Because the coronavirus headlines really took off around mid-March , most borrowers had made their March 1 payments .
It was assumed that many borrowers would withhold their April payments – especially in the hard-hit lodging and retail segments .
However , failure to make an April 1 payment would not make a loan 30 days delinquent if the borrower had made the March 1 payment .
The status – according to CREFC guidelines – would place the loan in a category of either “ late but within grace @ @ @ @ @ @ @ period.
” ( These two categories correspond to the status codes ‘ A ’ or ‘ B ’ , respectively . )
The industry has never really had reason to look at this status in the past since these loans were generally considered “ current.
” For some , this would be a passing status on the way to becoming delinquent .
In the past , about 2 % of all private-label CMBS loans were in this category on average – while some were due to administrative reasons ( i.e .
the check @ @ @ @ @ @ @ others were placed in this category because the loan was on its way to becoming delinquent .
Prior to looking at the data , we expected the numbers to be much higher than usual , but the actual numbers surpassed our expectations .
Now , the data serves as an early indicator for what could become 30 days delinquent a month from now .
When we first ran the numbers over the weekend , the results looked like this .
We had about $ 6.7 billion in loans that had been current in @ @ @ @ @ @ @ grace period in April .
That number reflected that about 20 % of the loans have reported .
That has since grown to $ 12.9 billion with over 65 % of the loans still yet to report .
For lodging loans – in March 2020 – the percentage of loans categorized as A or B was about 1.5 % .
In April , that percentage is now 19.9 % – a number that has seen a modest uptick over the last few days as more data have rolled in and more loans have @ @ @ @ @ @ @ percentage holds up over the rest of the month , the dollar amount of loans in the A/B category could reach $ 15 billion in April based on the total outstanding universe of $ 76 billion for the hotel sector .
For retail loans – in March 2020 – the percentage of loans categorized as A or B was about 1.7 % .
In April , the percentage is now 9.6 % with the updated data .
If this percentage holds up over the rest of the month , the dollar amount of @ @ @ @ @ @ @ $ 12 billion in April based on the total universe of more than $ 124 billion for the retail sector .
While it is known that multifamily and office will be less severely impacted by the pandemic ’ s economic impacts , there will still be signs of stress .
Here are the numbers for the multifamily and office property segments .
Multifamily : March , 2.7 % ; April , 5.3 % .
Office : March 2.6 % , April 2.2 % ( yes , a small drop . )
We are @ @ @ @ @ @ @ the week as new servicer data comes in – so these numbers will likely change frequently over the next few days .
A review of March ’ s watchlist and special servicer comments showed there was no mention of COVID as far as we could tell .
The watchlist and special servicer comments in April saw many references to that term .
Unfortunately , these numbers above could be on the low side of what ’ s to come .
There are many examples of loans for which the April 1 payment was @ @ @ @ @ @ @ comments now indicate a forbearance has been requested .
An example would be the $ 58.9 million Omni Royal Orleans loan which makes up 5.59 % of COMM 2014-UBS2 .
The property is a 345-room full-service hotel in New Orleans .
First-time servicer watchlist notes indicate that “ this loan is being monitored for hardship .
Borrower reports collateral operations have been impacted by COVID-19 .
A forbearance is in progress.
” As noted , the servicer data shows that the April 1 payment for the loan has already been made .
The @ @ @ @ @ @ @ given the rebound in real estate securities is expressed in the last paragraph : “ To save the market , the nonbanks will have to be bailed out either by the Fed or by the U.S. Treasury .
” Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence .

by cmbscredit
This article is from Trepp, which is an industry analytics company used by most Wall Street trading desks, and reveals troubling stats in securitized CMBS deals.. The amount of loans that were late, but not yet considered 30 days late increased from 1.9% to ~10%. So, these are loans that are basically in their grace period, but haven’t gone 30days delinquent yet.
This is only with 25% of deals reporting. So, this is something I will update as the numbers come in. However, this is a potentially catastrophic situation for Commercial Real estate. Scary stuff.
——
April CMBS Remittance Data Reveals 10x+ Increase in Non-Payment of Hotel Loans; Almost 5x for Retail Loans
While many in the CMBS industry had last Friday off, those responsible for paying bondholders and posting remittance reports for deals that pay on the 10th of the month did not. In fact, about 25% of the private-label CMBS universe was slated to “remit” on Friday and Trepp’s bond modeling team spent the day loading data and updating models. That gave us a chance to sift through all the numbers.
First, a little background.
Because the coronavirus headlines really took off around mid-March, most borrowers had made their March 1 payments. It was assumed that many borrowers would withhold their April payments – especially in the hard-hit lodging and retail segments. However, failure to make an April 1 payment would not make a loan 30 days delinquent if the borrower had made the March 1 payment. The status – according to CREFC guidelines – would place the loan in a category of either “late but within grace period” or “late beyond grace period.” (These two categories correspond to the status codes ‘A’ or ‘B’, respectively.)
The industry has never really had reason to look at this status in the past since these loans were generally considered “current.” For some, this would be a passing status on the way to becoming delinquent. In the past, about 2% of all private-label CMBS loans were in this category on average – while some were due to administrative reasons (i.e. the check was in the snail mail), others were placed in this category because the loan was on its way to becoming delinquent.
Prior to looking at the data, we expected the numbers to be much higher than usual, but the actual numbers surpassed our expectations.
Now, the data serves as an early indicator for what could become 30 days delinquent a month from now.
When we first ran the numbers over the weekend, the results looked like this. We had about $6.7 billion in loans that had been current in March but had gone into or beyond grace period in April. That number reflected that about 20% of the loans have reported. That has since grown to $12.9 billion with over 65% of the loans still yet to report.
We are primarily funded by readers. Please subscribe and donate to support us!
For lodging loans – in March 2020 – the percentage of loans categorized as A or B was about 1.5%. In April, that percentage is now 19.9% – a number that has seen a modest uptick over the last few days as more data have rolled in and more loans have reported for the month. If this percentage holds up over the rest of the month, the dollar amount of loans in the A/B category could reach $15 billion in April based on the total outstanding universe of $76 billion for the hotel sector.
For retail loans – in March 2020 – the percentage of loans categorized as A or B was about 1.7%. In April, the percentage is now 9.6% with the updated data. If this percentage holds up over the rest of the month, the dollar amount of loans in the A/B category could reach $12 billion in April based on the total universe of more than $124 billion for the retail sector.
While it is known that multifamily and office will be less severely impacted by the pandemic’s economic impacts, there will still be signs of stress. Here are the numbers for the multifamily and office property segments. Multifamily: March, 2.7%; April, 5.3%. Office: March 2.6%, April 2.2% (yes, a small drop.)
We are loading new data almost every hour of the week as new servicer data comes in – so these numbers will likely change frequently over the next few days.
A review of March’s watchlist and special servicer comments showed there was no mention of COVID as far as we could tell. The watchlist and special servicer comments in April saw many references to that term.
Unfortunately, these numbers above could be on the low side of what’s to come. There are many examples of loans for which the April 1 payment was made, but for which the watchlist comments now indicate a forbearance has been requested.
An example would be the $58.9 million Omni Royal Orleans loan which makes up 5.59% of COMM 2014-UBS2. The property is a 345-room full-service hotel in New Orleans. First-time servicer watchlist notes indicate that “this loan is being monitored for hardship. Borrower reports collateral operations have been impacted by COVID-19. A forbearance is in progress.” As noted, the servicer data shows that the April 1 payment for the loan has already been made.
Related:
Looming nightmare in mortgage industry
The take away that perhaps most people expect given the rebound in real estate securities is expressed in the last paragraph: “To save the market, the nonbanks will have to be bailed out either by the Fed or by the U.S. Treasury. ”
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


investmentwatchblog--2020-04-16--High Alert: New & Third Ebola Case ( in a week ) in Democratic Republic of Congo

New & Third Ebola Case in Democratic Republic of the Congo… A new case of Ebola has been discovered today in Congo , the third in a week .
Congo would normally be declared officially Ebola-free today , but last Friday , after seven weeks without new infections , another case of Ebola surfaced in Beni , in the east of the country .
The 26-year-old patient died from the consequences of the disease .
A second patient , a child from Beni , died on Sunday .
a new case of infection has been discovered .
It is a @ @ @ @ @ @ @ of surviving the disease , according to the WHO .
A new case of Ebola virus disease was confirmed today in the city of Beni in the Democratic Republic of the Congo ( DRC ) .
“ While not welcome news , this is an event we anticipated .
We kept response teams in Beni and other high risk areas for precisely this reason , ” said Dr Tedros Adhanom Ghebreyesus , WHO Director-General .
As part of the active Ebola surveillance system in place to respond to this ongoing outbreak in DRC @ @ @ @ @ @ @ investigated every day .
An alert is a person who has symptoms that could be due to Ebola , or any death in a high risk area that could have been as result of Ebola .
As with all confirmed cases , efforts are already underway to find everyone who may have been in contact with the person in order to offer them the vaccine and monitor their health status .
As of 10 April 2020 , 3456 confirmed and probable cases and 2276 deaths have occurred as a result of the outbreak @ @ @ @ @ @ @ currently being analysed across the country ’ s eastern provinces .
Health authorities had already planned to remain on high alert for the next 80 days , and to provide care for Ebola survivors as part of an 18-month programme of regular check-ups .
Efforts are now under way to find all potential contacts of the new cases in order to offer them vaccination and to monitor their health .
If no new cases emerge , the DRC will have to wait another 42 days – the equivalent of two incubation periods for @ @ @ @ @ @ @ can be declared over .
The setback underlines the huge challenge posed in eradicating a virus .
The problem is made worse by the arrival of the coronavirus in the DRC last month In a statement , Kate Moger at humanitarian organisation the International Rescue Committee called the situation a “ triple emergency ” .
“ Vulnerable populations facing ongoing humanitarian crises , the spread of COVID-19 , and now again potentially a re-emerging Ebola crisis , ”

New & Third Ebola Case in Democratic Republic of the Congo…
TRANSLATED
A new case of Ebola has been discovered today in Congo, the third in a week.
Congo would normally be declared officially Ebola-free today, but last Friday, after seven weeks without new infections, another case of Ebola surfaced in Beni, in the east of the country.
The 26-year-old patient died from the consequences of the disease. A second patient, a child from Beni, died on Sunday.
a new case of infection has been discovered. It is a 7-year-old girl who has a good chance of surviving the disease, according to the WHO.
source belgian paper HLN ( Dutch)
www.hln.be/nieuws/buitenland/derde-nieuwe-ebolageval-ontdekt-in-congo~a1261dc7/?referer=https%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4354127%2Fpg1
————————————————————
WHO
A new case of Ebola virus disease was confirmed today in the city of Beni in the Democratic Republic of the Congo (DRC).
“While not welcome news, this is an event we anticipated. We kept response teams in Beni and other high risk areas for precisely this reason,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General.
As part of the active Ebola surveillance system in place to respond to this ongoing outbreak in DRC, thousands of alerts are still being investigated every day. An alert is a person who has symptoms that could be due to Ebola, or any death in a high risk area that could have been as result of Ebola.
We are primarily funded by readers. Please subscribe and donate to support us!
As with all confirmed cases, efforts are already underway to find everyone who may have been in contact with the person in order to offer them the vaccine and monitor their health status.
As of 10 April 2020, 3456 confirmed and probable cases and 2276 deaths have occurred as a result of the outbreak.
www.who.int/news-room/detail/10-04-2020-new-ebola-case-confirmed-in-the-democratic-republic-of-the-congo
High alert
WHO sa id 2600 alerts are currently being analysed across the country’s eastern provinces.
Health authorities had already planned to remain on high alert for the next 80 days, and to provide care for Ebola survivors as part of an 18-month programme of regular check-ups.
Efforts are now under way to find all potential contacts of the new cases in order to offer them vaccination and to monitor their health. If no new cases emerge, the DRC will have to wait another 42 days – the equivalent of two incubation periods for the virus – until the Ebola epidemic can be declared over.
The setback underlines the huge challenge posed in eradicating a virus. The problem is made worse by the arrival of the coronavirus in the DRC last month
Triple emergency
In a statement, Kate Moger at humanitarian organisation the International Rescue Committee called the situation a “triple emergency”. “Vulnerable populations facing ongoing humanitarian crises, the spread of COVID-19, and now again potentially a re-emerging Ebola crisis,”
www.newscientist.com/article/2240430-three-new-ebola-cases-detected-in-democratic-republic-of-the-congo/
h/t Dangerous Times


investmentwatchblog--2020-04-16--Australian supermarket director has vulgar message for toilet paper hoarders

The director of an Australian supermarket is publicly pointing fingers — well , one finger , at least — at @ @ @ @ @ high-demand items amid the coronavirus pandemic .
John-Paul Drake , of Drakes Supermarkets , detailed @ @ @ @ @ recent installment of his “ Retail Wrap ” YouTube series , where he shares consumer-themed @ @ @ @ @ “ If everyone had bought just the things they needed for the immediate short term @ @ @ @ @ , ” he said in the video , during a segment explaining the need for @ @ @ @ @ the reality is , we ’ ve had so many people hoarding products and buying @ @ @ @ @ never going to use.
” Drake then claimed the supermarkets had already sold about eight @ @ @ @ @ paper in just four weeks , and a year ’ s supply of flour in @ @ @ @ @ the worst offender , he said , was a gentleman who got his hands on @ @ @ @ @ paper , only to later try and return it .

The director of an Australian supermarket is publicly pointing fingers — well, one finger, at least — at a customer who tried hoarding high-demand items amid the coronavirus pandemic.
John-Paul Drake, of Drakes Supermarkets, detailed the incident on the most recent installment of his “Retail Wrap” YouTube series, where he shares consumer-themed news or industry updates.
“If everyone had bought just the things they needed for the immediate short term, we would be fine,” he said in the video, during a segment explaining the need for product limits. “But the reality is, we’ve had so many people hoarding products and buying products that they’re never going to use.”
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Drake then claimed the supermarkets had already sold about eight months’ worth of toilet paper in just four weeks, and a year’s supply of flour in only nine days.
But the worst offender, he said, was a gentleman who got his hands on thousands of rolls of toilet paper, only to later try and return it.
www.foxnews.com/food-drink/supermarket-drakes-australia-middle-finger-customer-hoarding-toilet-paper-coronavirus


investmentwatchblog--2020-04-16--Jeff Bezos: Widespread coronavirus testing needed before economy can get running again

• Amazon CEO Jeff Bezos said mass testing around the world for the coronavirus is needed to “ get the economy back up and running.
” • In his annual shareholder letter , he said he hopes to test Amazon workers , including those with no symptoms .
Amazon CEO Jeff Bezos said Thursday that mass testing around the world for the coronavirus is needed to “ get the economy back up and running.
” In his annual shareholder letter , Bezos also pointed to efforts Amazon has taken to protect its employees from the pandemic .
Bezos pointed to @ @ @ @ @ @ @ incremental testing capacity , ” which the company announced last week .
As part of that announcement , Amazon said it hopes to begin testing all of its employees , including those who show no symptoms .
“ Regular testing on a global scale , across all industries , would both help keep people safe and help get the economy back up and running , ” Bezos said .
“ For this to work , we as a society would need vastly more testing capacity than is currently available.
” Bezos detailed other @ @ @ @ @ @ @ coronavirus , such as providing employees with face masks and distributing temperature checks for warehouse workers , delivery drivers and Whole Foods employees .
He added that Amazon temporarily closed some of its physical stores , including Amazon Books , Amazon 4-star and Amazon Pop Up stores as they don ’ t sell essential products , and offered those store employees roles in other parts of the company .
Despite the new safety measures , Amazon workers from at least three facilities have staged protests to call for the company to close facilities @ @ @ @ @ @ @ virus .
A dozen workers told CNBC they felt Amazon needed to provide employees with paid time off , among other concerns .

Amazon CEO Jeff Bezos said mass testing around the world for the coronavirus is needed to “get the economy back up and running.”
In his annual shareholder letter, he said he hopes to test Amazon workers, including those with no symptoms.
Amazon CEO Jeff Bezos said Thursday that mass testing around the world for the coronavirus is needed to “get the economy back up and running.”
In his annual shareholder letter, Bezos also pointed to efforts Amazon has taken to protect its employees from the pandemic.
Bezos pointed to Amazon’s efforts to develop “incremental testing capacity,” which the company announced last week. As part of that announcement, Amazon said it hopes to begin testing all of its employees, including those who show no symptoms.
“Regular testing on a global scale, across all industries, would both help keep people safe and help get the economy back up and running,” Bezos said. “For this to work, we as a society would need vastly more testing capacity than is currently available.”
We are primarily funded by readers. Please subscribe and donate to support us!
Bezos detailed other steps Amazon has taken to curb the coronavirus, such as providing employees with face masks and distributing temperature checks for warehouse workers, delivery drivers and Whole Foods employees. He added that Amazon temporarily closed some of its physical stores, including Amazon Books, Amazon 4-star and Amazon Pop Up stores as they don’t sell essential products, and offered those store employees roles in other parts of the company.
Despite the new safety measures, Amazon workers from at least three facilities have staged protests to call for the company to close facilities where there are positive cases of the virus. A dozen workers told CNBC they felt Amazon needed to provide employees with paid time off, among other concerns.
www.cnbc.com/2020/04/16/jeff-bezos-releases-amazon-annual-shareholder-letter.html


investmentwatchblog--2020-04-16--Check out this pattern. Why do the number of deaths drop on the weekends in this graph? +2,482 death

Check out this pattern. Why do the number of deaths drop on the weekends in this graph? +2,482 deaths today for new record

Every weekend we hear good news about how the deaths are “ down ” but then monday comes along and @ @ @ @ @ exponential growth curve .
Today we hit a new record for daily deaths , +2,482 @ @ @ @ @ the weekends , unable to keep up with the tallying or are they trying to @ @ @ @ @ markets open on Mondays ?

Every weekend we hear good news about how the deaths are “down” but then monday comes along and the uptick resumes along the exponential growth curve.
Today we hit a new record for daily deaths, +2,482
Are they just understaffed on the weekends, unable to keep up with the tallying or are they trying to keep the numbers down before markets open on Mondays?
Graph:
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Sauce:
www.worldometers.info/coronavirus/country/us/
h/t BFD


investmentwatchblog--2020-04-16--Will We Starve? Do Politicians Even Understand What They Are Doing?

QUESTION : Dear Sir , Best of health to you and your family .
What i observe and it is amazing is that every-day-ordinary people like me , are very worried but they are underestimating the disaster that will follow .
Everyone says it is gon na be bad but when i am expressing my opinion on how black will be the days to come , they think i am an alien talking nuts .
But my question is the following : How the system will treat all these people that will starve ?
Soon , will not be able @ @ @ @ @ @ @ .
So , in practice , how are they gon na handle it ?
Give us vouchers ?
We will start to beat one each other to death for survival while in the queue… I am very very worried .
I got already -25 % on my salary and soon it will get to zero .
Then what ?
What are the governments gon na do ?
Thank you from my heart for what you do .
You bring light to our eyes .
SM – from Europe ANSWER : This is so @ @ @ @ @ @ @ speculate .
From working with governments for over 40 years , I have come to understand that no politician will ever act for the future .
Their incentive is only the next election .
With that in mind , I have to assume that they are only looking at the immediate action .
I believe they have realized that the ECB is trapped and that Keynesian Economics is dead .
They can only be looking at this as a means to default and reshape the monetary system .
They are not looking at @ @ @ @ @ @ @ will return to normal just as soon as this lockdown ends .
But the destruction to the economy and wiping out so many small businesses is condemning society to poverty .
Economic growth will decline most likely into 2032 .
I do not think these people can see beyond this year .
Even Gates is obsessed with his climate change and vaccines , yet he has no concept of what he has done to society or how long it takes to build what we had .
The average life expectancy was 45 in @ @ @ @ @ @ @ collapses , so will the life expectancy .
Is that Gates ’ goal ?
Does he think we can have a future with no industry , ZERO CO2 , no cars , and still a perfect world ?
Gates has three children .
What kind of future will he leave them ?
Money can not buy them a life if society is destroyed .
All his money will become worthless .
Society will rise up and we will head into war .
What is left might be just a shadow of what it @ @ @ @ @ @ @ rebuild again after 2032 .

by Martin Armstrong
QUESTION: Dear Sir,
Best of health to you and your family.
What i observe and it is amazing is that every-day-ordinary people like me, are very worried but they are underestimating the disaster that will follow.
Everyone says it is gonna be bad but when i am expressing my opinion on how black will be the days to come, they think i am an alien talking nuts.
But my question is the following:
How the system will treat all these people that will starve? Soon, will not be able to pay our rents – including myself. So, in practice, how are they gonna handle it? Give us vouchers? We will start to beat one each other to death for survival while in the queue…
I am very very worried. I got already -25% on my salary and soon it will get to zero. Then what?
What are the governments gonna do?
Thank you from my heart for what you do.
You bring light to our eyes.
SM – from Europe
ANSWER: This is so irrational that it is hard to even speculate. From working with governments for over 40 years, I have come to understand that no politician will ever act for the future. Their incentive is only the next election. With that in mind, I have to assume that they are only looking at the immediate action. I believe they have realized that the ECB is trapped and that Keynesian Economics is dead. They can only be looking at this as a means to default and reshape the monetary system. They are not looking at the economic damage and people think life will return to normal just as soon as this lockdown ends. But the destruction to the economy and wiping out so many small businesses is condemning society to poverty. Economic growth will decline most likely into 2032.
We are primarily funded by readers. Please subscribe and donate to support us!
I do not think these people can see beyond this year. Even Gates is obsessed with his climate change and vaccines, yet he has no concept of what he has done to society or how long it takes to build what we had. The average life expectancy was 45 in the middle ages. If the economy collapses, so will the life expectancy. Is that Gates’ goal? Does he think we can have a future with no industry, ZERO CO2, no cars, and still a perfect world? Gates has three children. What kind of future will he leave them? Money cannot buy them a life if society is destroyed. All his money will become worthless.
Society will rise up and we will head into war. What is left might be just a shadow of what it once was. We will have to rebuild again after 2032.


investmentwatchblog--2020-04-16--Shedlock: Unprecedented Decline In Retail Sales & It Will Get Worse

A slew of economic reports came out today , all of them terrible .
But the next set will be worse .
Inquiring minds are investigating the Advanced Retail Sales Report for March 2020 .
It was a disaster across the board except for food and beverage stores plus nonstore retailers like Amazon .
The General Merchandise category includes Walmart , Target , and other stores that sold food .
They remained open .
Department stores like JCPenney are a subset of General Merchandise .
The lowest level this indicator had reached prior to April was -34.3 during the Great @ @ @ @ @ @ @ improved over the month , while 85 percent reported that conditions had worsened .
The new orders index fell fifty-seven points to -66.3 , and the shipments index dropped sixty-six points to -68.1 , indicating a sharp decline in both orders and shipments .
Delivery times were longer and inventories were modestly lower .
I am not sure when the survey period was , but this report is for April , so at least part of the Covid-19 shutdown had started .
The HMI index gauging current sales conditions dropped 43 points to @ @ @ @ @ @ @ in the next six months fell 39 points to 36 and the gauge charting traffic of prospective buyers also decreased 43 points to 13 .
“ This unprecedented drop in builder confidence is due exclusively to the coronavirus outbreak across the nation , as unemployment has skyrocketed and gaps in the supply chain have hampered construction activities , ” said NAHB Chairman Dean Mon .
“ Meanwhile , there continues to be some confusion over builder eligibility for the Paycheck Protection Program , as some builders have successfully submitted loan applications while others @ @ @ @ @ @ @ is working with the White House , Treasury and Congress to get the broadest builder participation possible .
Home building remains an essential business throughout most of the nation , and as the pandemic shows signs of easing in the weeks ahead , buyers should return to the marketplace.
” Nothing is Working Now : What ’ s Next for America ?
On March 23 , I wrote Nothing is Working Now : What ’ s Next for America ?
We will not return to the old way of doing business .
Globalization @ @ @ @ @ @ @ to globalize everything is .
This will impact earnings for years to come .
Checks are on the way , but there will be no quick return to buying cars , eating out , or traveling as much .
Many retailers and small businesses will fail .
JCPenney fired a big salvo today as noted in Start of Retail Apocalypse : JCPenney Misses Interest Payment Expect More Misery in April and May As bad as this data looks , things will get much worse , especially retail sales .
The report above was @ @ @ @ @ @ @ to expect a quick spring back when people do return to work , which now looks more like mid-May or early June than the end of April .
The Covid-19 Recession Will Be Deeper Than the Great Financial Crisis .
A v-shaped recovery is not at all in the cards .

by Lance Roberts
A slew of economic reports came out today, all of them terrible. But the next set will be worse.
Inquiring minds are investigating the Advanced Retail Sales Report for March 2020.
Ten Highlights
Total: -8.7% Motor Vehicles and Parts: -25.6% Furniture: -26.8% Food and Beverage Stores: +25.6% Gasoline: -17.2 Clothing Stores: -50.5% Sporting Goods Stores: -23.3% General Merchandise Stores: +6.4% Department Stores: -19.7% Food and Drinking Places: -26.5% Nonstore Retailers: +3.1%
It was a disaster across the board except for food and beverage stores plus nonstore retailers like Amazon.
Why general merchandise?
The General Merchandise category includes Walmart, Target, and other stores that sold food. They remained open. Department stores like JCPenney are a subset of General Merchandise.
Empire State Manufacturing Report
The Empire State Index plunged to -78.2, a record low.
The lowest level this indicator had reached prior to April was -34.3 during the Great Recession. Seven percent reported that conditions improved over the month, while 85 percent reported that conditions had worsened. The new orders index fell fifty-seven points to -66.3, and the shipments index dropped sixty-six points to -68.1, indicating a sharp decline in both orders and shipments. Delivery times were longer and inventories were modestly lower.
Economists expected a reading of +7.0. Wow.
I am not sure when the survey period was, but this report is for April, so at least part of the Covid-19 shutdown had started.
Housing Market Index
The HMI index gauging current sales conditions dropped 43 points to 36, the component measuring sales expectations in the next six months fell 39 points to 36 and the gauge charting traffic of prospective buyers also decreased 43 points to 13.
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“This unprecedented drop in builder confidence is due exclusively to the coronavirus outbreak across the nation, as unemployment has skyrocketed and gaps in the supply chain have hampered construction activities,” said NAHB Chairman Dean Mon. “Meanwhile, there continues to be some confusion over builder eligibility for the Paycheck Protection Program, as some builders have successfully submitted loan applications while others have not been able to. NAHB is working with the White House, Treasury and Congress to get the broadest builder participation possible. Home building remains an essential business throughout most of the nation, and as the pandemic shows signs of easing in the weeks ahead, buyers should return to the marketplace.”
Homebuilding an essential business?
Nothing is Working Now: What’s Next for America?
On March 23, I wrote Nothing is Working Now: What’s Next for America?
I noted 20 “What’s Next?” things.
We will not return to the old way of doing business.
Globalization is not over, but the rush to globalize everything is. This will impact earnings for years to come.
Checks are on the way, but there will be no quick return to buying cars, eating out, or traveling as much.
Many retailers and small businesses will fail. JCPenney fired a big salvo today as noted in Start of Retail Apocalypse: JCPenney Misses Interest Payment
Expect More Misery in April and May
As bad as this data looks, things will get much worse, especially retail sales. The report above was for March.
There is no reason to expect a quick spring back when people do return to work, which now looks more like mid-May or early June than the end of April.
The Covid-19 Recession Will Be Deeper Than the Great Financial Crisis.
A v-shaped recovery is not at all in the cards.


investmentwatchblog--2020-04-16--Social Distancing and Seriouness of this Situation

Since March 20th I ’ ve been self-isolating , I got laid off from my my job .
It ’ s temporary and they expect me to come back .
However , during this whole time of self-isolating , I only go out for essentials , very irregularly ( I.e one large grocery trip per month , or if I have to get laundry deterengent and produce ) .
When I go to stores though , something that never fails is the lack of social distancing that people use .
It infuriates while I ’ m in the store and @ @ @ @ @ @ @ I turned around and stared some guy down because him and his lady were rough housing directly behind me , as close as can be when there ’ s PLENTY of room .
We ’ re outside in a line waiting to go in to Walmart , way more than enough room .
Same thing happened at Dollar Tree , they have tape on the floor to describe how far apart people need to be for social distancing .
Older gentleman standing right at my back , and I can ’ t go @ @ @ @ @ @ @ want to be too close to the person in front of me , I want to respect their space .
Is anyone else experiencing situations like these , or perhaps even worse ?

by -delt4ninj4
Since March 20th I’ve been self-isolating, I got laid off from my my job. It’s temporary and they expect me to come back.
However, during this whole time of self-isolating, I only go out for essentials, very irregularly (I.e one large grocery trip per month, or if I have to get laundry deterengent and produce).
We are primarily funded by readers. Please subscribe and donate to support us!
When I go to stores though, something that never fails is the lack of social distancing that people use. It infuriates while I’m in the store and someone is standing at my back. I turned around and stared some guy down because him and his lady were rough housing directly behind me, as close as can be when there’s PLENTY of room. We’re outside in a line waiting to go in to Walmart, way more than enough room.
Same thing happened at Dollar Tree, they have tape on the floor to describe how far apart people need to be for social distancing. Older gentleman standing right at my back, and I can’t go forward anymore because I don’t want to be too close to the person in front of me, I want to respect their space.
Is anyone else experiencing situations like these, or perhaps even worse?


investmentwatchblog--2020-04-16--NY Governor Cuomo hires CIA front company McKinsey Consulting to create reopening plan for the state

NY Governor Cuomo hires CIA front company McKinsey Consulting to create reopening plan for the state. Goal to make it “Trump-proof”.

Clearly the goal now is to make the shutdowns last as long as possible .
Cuomo has hired CIA front @ @ @ @ @ reopening strategy .
The main goal is to make it so Trump can ’ t @ @ @ @ @ take as long as they want .
For those that don ’ t know , @ @ @ @ @ CIA front company , even Democrats have called them out .
The fact that they @ @ @ @ @ is basically the only thing Republicans and Democrats agree on .

Clearly the goal now is to make the shutdowns last as long as possible. Cuomo has hired CIA front company McKinsey to create their reopening strategy. The main goal is to make it so Trump can’t interfere and New York can take as long as they want.
For those that don’t know, McKinsey is such a shady CIA front company, even Democrats have called them out. The fact that they’re a CIA front is basically the only thing Republicans and Democrats agree on.
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www.zerohedge.com/political/andrew-cuomo-hires-mckinsey-trump-proof-new-yorks-plan-reopen-economy


investmentwatchblog--2020-04-16--EU Starting to Expose its Communist Agenda

Margrethe Vestager , Executive Vice President of the EU and Commissioner for Competition , has spoken out that EU states @ @ @ @ @ the fight against China .
Accordingly , Vestager has revealed that the justification for now @ @ @ @ @ the goal of the Climate Change contingency , is to prevent domestic companies being bought @ @ @ @ @ entire coronavirus has been an organized plot to seize control of the economy by the @ @ @ @ @ there has been a direct assault using the media in hopes of defeating Trump , @ @ @ @ @ .
Marxism was not satisfied with killing 200 million the last time .
Here we @ @ @ @ @ the population by anyone who disagrees with their Climate Change/Communistic agenda .

by Martin Armstrong
Margrethe Vestager, Executive Vice President of the EU and Commissioner for Competition, has spoken out that EU states should now nationalize companies in the fight against China. Accordingly, Vestager has revealed that the justification for now nationalizing industry, which was the goal of the Climate Change contingency, is to prevent domestic companies being bought by the Chinese. This entire coronavirus has been an organized plot to seize control of the economy by the socialists. This is where there has been a direct assault using the media in hopes of defeating Trump, the Netherlands, and Germany.
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Marxism was not satisfied with killing 200 million the last time. Here we go again looking to reduce the population by anyone who disagrees with their Climate Change/Communistic agenda.


investmentwatchblog--2020-04-16--Timeline of China’s coronavirus cover-up

A man linked to the Wuhan wildlife market experiences pneumonia-like symptoms .
Five days later , his wife , who had no direct connection to the market , also experienced similar symptoms , which would suggest a human-to-human spread , according to The Lancet , a peer-reviewed medical journal Zhang Jixian , a doctor from Hubei Provincial Hospital of Integrated Chinese and Western Medicine , tells health authorities that the novel disease that was then affecting some 180 patients was caused by a new coronavirus , the South China Morning Post reported .
The Citizen Lab at the University of @ @ @ @ @ @ @ certain Internet terms from social media , such as Wuhan Unknown Pneumonia , SARS Variation , Wuhan Seafood Market , and other keywords that condemned the government ’ s handling of the outbreak .
CNN features a story about Dr. Li Wenliang , one of eight doctors in Wuhan who warned about the spread of the virus on social media in late December .
He not only ended up contracting COVID-19 but was labeled a “ rumor-mongerer ” by Wuhan police , after being detained for making false statements .
He was also @ @ @ @ @ @ @ warnings “ had a negative impact , ” according to The Wall Street Journal .
China ’ s top health officials at the National Health Commission follow the Hubei Health Commission and issue a gag order directing that Wuhan pneumonia samples be moved to testing facilities or destroyed .
The National Health Commission also orders institutions not to publish any scientific information related to the virus , Caixin Global reported .
WHO HAUNTED BY JANUARY TWEET SAYING CHINA FOUND NO HUMAN TRANSMISSION OF CORONAVIRUS WHO releases a statement characterizing China ’ s initial @ @ @ @ @ @ @ of unknown etiology.
” The agency wrote : “ Based on the preliminary information from the Chinese investigation team , no evidence of significant human-to-human transmission and no health care worker infections have been reported.
” The U.S. Centers for Disease Control ( CDC ) offers Beijing technical expertise to help with the virus .
Beijing ignores the offer for over a month , along with additional offers of assistance from Heath and Human Services Secretary Alex Azar and other senior U.S. officials , according to The New York Times .
The chief @ @ @ @ @ @ @ unit reports that “ it is possible that there is limited human-to-human transmission , potentially among families , but it is very clear right now that we have no sustained human-to-human transmission , ” Reuters reported .
The WHO also sent out a tweet claiming that Chinese authorities had conducted a preliminary investigation that found no evidence of human-to-human transmission of the coronavirus .
The Jan. 14 tweet came less than two months before WHO declared COVID-19 to be a pandemic .
One week later , a WHO delegation concludes a two-day field @ @ @ @ @ @ @ data collected through detailed epidemiological investigation and through the deployment of the new test kit nationally suggests that human-to-human transmission is taking place in Wuhan.
” Chinese authorities lock down Wuhan , after letting some five million people leave the city without any medical screening in the weeks prior , The Wall Street Journal reported .
According to the South China Morning Post , China ’ s Internet watchdog has tightened control over social media platforms , following President Xi Jinping ’ s directive .
Citizen journalist and former rights lawyer Chen Qiushi @ @ @ @ @ @ @ videos of packed hospitals and distraught families , according to The New York Times .
Beijing ’ s relationship with the American media worsens when three Wall Street Journal reporters had their press credentials revoked .
The reporters covered the outbreak in Wuhan , according to the Journal .
Li Zehua , a citizen journalist who had worked at CCTV is detained , according to The Guardian .
He records the encounter .
Researchers from the University of Southampton , in the United Kingdom , say that if Beijing had responded early to @ @ @ @ @ @ @ significantly fewer cases .
They said if Beijing had acted three weeks sooner , 95 percent of its cases could have been avoided .
Bloomberg reports that thousands of urns were found at funeral homes in Wuhan , which sparked even further doubt that Beijing was providing accurate data on its death toll .
Radio Free Asia reported that 40,000 may have died there , compared to reports at the time of 3,200 in the entire country .

by Venus230
December 6:
A man linked to the Wuhan wildlife market experiences pneumonia-like symptoms. Five days later, his wife, who had no direct connection to the market, also experienced similar symptoms, which would suggest a human-to-human spread, according to The Lancet, a peer-reviewed medical journal
December 27:
Zhang Jixian, a doctor from Hubei Provincial Hospital of Integrated Chinese and Western Medicine, tells health authorities that the novel disease that was then affecting some 180 patients was caused by a new coronavirus, the South China Morning Post reported.
December 31:
The Citizen Lab at the University of Toronto discovers that Chinese authorities began censoring certain Internet terms from social media, such as Wuhan Unknown Pneumonia, SARS Variation, Wuhan Seafood Market, and other keywords that condemned the government’s handling of the outbreak.
January 1:
CNN features a story about Dr. Li Wenliang, one of eight doctors in Wuhan who warned about the spread of the virus on social media in late December. He not only ended up contracting COVID-19 but was labeled a “rumor-mongerer” by Wuhan police, after being detained for making false statements.
He was also forced to write a self-criticism saying his warnings “had a negative impact,” according to The Wall Street Journal.
January 3:
China’s top health officials at the National Health Commission follow the Hubei Health Commission and issue a gag order directing that Wuhan pneumonia samples be moved to testing facilities or destroyed.
The National Health Commission also orders institutions not to publish any scientific information related to the virus, Caixin Global reported.
WHO HAUNTED BY JANUARY TWEET SAYING CHINA FOUND NO HUMAN TRANSMISSION OF CORONAVIRUS
January 5:
WHO releases a statement characterizing China’s initial Dec. 31 notice about a “pneumonia of unknown etiology.”
The agency wrote: “Based on the preliminary information from the Chinese investigation team, no evidence of significant human-to-human transmission and no health care worker infections have been reported.”
January 6:
The U.S. Centers for Disease Control (CDC) offers Beijing technical expertise to help with the virus. Beijing ignores the offer for over a month, along with additional offers of assistance from Heath and Human Services Secretary Alex Azar and other senior U.S. officials, according to The New York Times.
We are primarily funded by readers. Please subscribe and donate to support us!
January 14:
The chief of the WHO’s emerging diseases unit reports that “it is possible that there is limited human-to-human transmission, potentially among families, but it is very clear right now that we have no sustained human-to-human transmission,” Reuters reported.
The WHO also sent out a tweet claiming that Chinese authorities had conducted a preliminary investigation that found no evidence of human-to-human transmission of the coronavirus.
The Jan. 14 tweet came less than two months before WHO declared COVID-19 to be a pandemic.
January 21:
One week later, a WHO delegation concludes a two-day field visit to Wuhan and notes that “data collected through detailed epidemiological investigation and through the deployment of the new test kit nationally suggests that human-to-human transmission is taking place in Wuhan.”
January 23:
Chinese authorities lock down Wuhan, after letting some five million people leave the city without any medical screening in the weeks prior, The Wall Street Journal reported.
February 6:
According to the South China Morning Post, China’s Internet watchdog has tightened control over social media platforms, following President Xi Jinping’s directive. Citizen journalist and former rights lawyer Chen Qiushi disappears in Wuhan after posting cell phone videos of packed hospitals and distraught families, according to The New York Times.
February 19:
Beijing’s relationship with the American media worsens when three Wall Street Journal reporters had their press credentials revoked. The reporters covered the outbreak in Wuhan, according to the Journal.
February 26:
Li Zehua, a citizen journalist who had worked at CCTV is detained, according to The Guardian. He records the encounter.
March 11:
Researchers from the University of Southampton, in the United Kingdom, say that if Beijing had responded early to the outbreak, there would have been significantly fewer cases. They said if Beijing had acted three weeks sooner, 95 percent of its cases could have been avoided.
March 27:
Bloomberg reports that thousands of urns were found at funeral homes in Wuhan, which sparked even further doubt that Beijing was providing accurate data on its death toll. Radio Free Asia reported that 40,000 may have died there, compared to reports at the time of 3,200 in the entire country.


investmentwatchblog--2020-04-16--PURE SEDITION! MSNBC host suggests Biden form ‘shadow government’ to counter Trump on coronavirus

sedition- noun conduct or speech inciting people to rebel against the authority of a state or monarch .
Penalty of @ @ @ @

sedition-
noun
conduct or speech inciting people to rebel against the authority of a state or monarch.
Penalty of up to 20 years
www.law.cornell.edu/uscode/text/18/2384
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Here’s a link to the video
MSNBC's @SRuhle suggests Biden create "shadow government" to counter Trump during pandemic crisis pic.twitter.com/pxT8RvBuTU — Kyle Drennen (@kjdrennen) April 15, 2020
AC


investmentwatchblog--2020-04-16--Steve Mnuchin states that the stimulus package should support Americans for 10 weeks.

Where does he live that he thinks a person can live on $ 120 a week ?
For crying out @ @ @ @ @ rich , out of touch , utter pigs running this country ?
That ’ s @ @ @ @ @ watch him pay rent , electric , water , buy gas and go to work @ @ @ @ @ feed himself for $ 120 a week .
Even one week .

Where does he live that he thinks a person can live on $120 a week? For crying out loud, why are these rich, out of touch, utter pigs running this country? That’s ridiculous. I want to watch him pay rent, electric, water, buy gas and go to work, do laundry, and feed himself for $120 a week. Even one week.
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h/t featherfeets


investmentwatchblog--2020-04-16--Civil Unrest Rising in Belgium

Civil Unrest Rising in Belgium

Violent riots broke out in the Belgian city of Anderlecht last weekend .
Violence erupted Saturday afternoon , with groups @ @ @ @ @ glass at police officers , according to reports .
One man is said to have @ @ @ @ @ air from a gun that appeared to have been stolen from the police .
All @ @ @ @ @ not lock people down .
They will begin to become violent after 4 to 6 @ @ @ @ @ to use a virus that has not proven to be even as lethal as the @ @ @ @ @ implications in rising civil unrest .
You will NOT be able to keep people locked @ @ @ @ @ Bill Gates is insisting .
On April 23rd Ramadan begins .
I do not think @ @ @ @ @ maintain this lockdown as they will witness rising tensions in Europe .

by Martin Armstrong
Violent riots broke out in the Belgian city of Anderlecht last weekend. Violence erupted Saturday afternoon, with groups of migrants throwing rocks and glass at police officers, according to reports. One man is said to have fired three shots in the air from a gun that appeared to have been stolen from the police. All the studies show you cannot lock people down. They will begin to become violent after 4 to 6 weeks. This fake attempt to use a virus that has not proven to be even as lethal as the annual flu will have serious implications in rising civil unrest. You will NOT be able to keep people locked down for 18 months as Bill Gates is insisting.
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On April 23rd Ramadan begins. I do not think they will be able to maintain this lockdown as they will witness rising tensions in Europe.


investmentwatchblog--2020-04-16--As COVID-19 cases spike in Russia, the Kremlin struggles to respond. Japan declares nationwide state

As COVID-19 cases spike in Russia, the Kremlin struggles to respond. Japan declares nationwide state of emergency

As COVID-19 cases spike in Russia , the Kremlin struggles to respond Quite uncharacteristically , the Russian state TV host @ @ @ @ @ news as he led off the show .
“ We ’ re now following the @ @ @ @ @ ” Yevgeny Popov said in a stunning about-face from just two weeks ago , when @ @ @ @ @ Russian talk show 60 Minutes said the government was getting the coronavirus outbreak under control @ @ @ @ @ s most widely watched Kremlin-funded news programs are telling people they should prepare for thousands @ @ @ @ @ that shift in messaging has also come a change in behaviour from President Vladimir Putin @ @ @ @ @ pandemic because govt keeps lid on it

As COVID-19 cases spike in Russia, the Kremlin struggles to respond
Quite uncharacteristically, the Russian state TV host did not bury the bad news as he led off the show.
“We’re now following the same model as Italy,” Yevgeny Popov said in a stunning about-face from just two weeks ago, when the host of the popular Russian talk show 60 Minutes said the government was getting the coronavirus outbreak under control.
Now, Russia’s most widely watched Kremlin-funded news programs are telling people they should prepare for thousands of deaths.
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Along with that shift in messaging has also come a change in behaviour from President Vladimir Putin.
Japan declares nationwide state of emergency amid rising number of coronavirus cases – NHK”
BREAKING: Japan declares nationwide state of emergency amid rising number of coronavirus cases – NHK — BNO Newsroom (@BNODesk) April 16, 2020
So much unknown about pandemic because govt keeps lid on it
U.S. DEATHS SET ANOTHER SINGLE-DAY RECORD


investmentwatchblog--2020-04-16--Hospitalized 3 Times In 10 Days, Man STILL Denied Test

MINNEAPOLIS ( WCCO ) — A Minneapolis man was back in the hospital Tuesday with what he says are symptoms @ @ @ @ @ Jai Bowie ’ s third time at Methodist Hospital in ten days .
“ My @ @ @ @ @ total flatline [ during my first visit ] , but it was close enough where @ @ @ @ @ a pulse , ” Bowie said .
Bowie is 45 years old and healthy .
@ @ @ @ @ health has scared him .
Doctors diagnosed him with pneumonia and did not test him @ @ @ @ @ he was told his symptoms weren ’ t conclusive enough to have a test done @ @ @ @ @ in good shape and all of a sudden I go down like that , ” @ @ @ @ @ me there ’ s something really wrong with me .
”

MINNEAPOLIS (WCCO) — A Minneapolis man was back in the hospital Tuesday with what he says are symptoms of COVID-19.
It was Jai Bowie’s third time at Methodist Hospital in ten days.
He’s shared complaints of fever, dry cough, and extreme chest pain.
“My heart wasn’t a total flatline [during my first visit], but it was close enough where they couldn’t feel a pulse,” Bowie said.
Bowie is 45 years old and healthy. The sudden downturn in his health has scared him.
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Doctors diagnosed him with pneumonia and did not test him for COVID-19.
Bowie says he was told his symptoms weren’t conclusive enough to have a test done.
“I’m in good shape and all of a sudden I go down like that,” he said. “Tells me there’s something really wrong with me.”
minnesota.cbslocal.com/2020/04/14/coronavirus-in-minnesota-minneapolis-man-struggles-to-get-covid-19-testing-through-limited-supply/


investmentwatchblog--2020-04-16--How to Think About the Fed Now

How to Think About the Fed Now

[ This text is excerpted from the introduction to The Anatomy of the Crash , a Mises Institute ebook to be released in April 2020 . ]
The Great Crash of 2020 was not caused by a virus .
It was precipitated by the virus , and made worse by the crazed decisions of governments around the world to shut down business and travel .
But it was caused by economic fragility .
The supposed greatest economy in US history actually was a walking sick man , made comfortable with painkillers , and looking far better than he felt—yet ultimately @ @ @ @ @ @ @ simply exposed the underlying sickness of the US economy .
If anything , the crash was overdue .
Too much debt , too much malinvestment , and too little honest pricing of assets and interest rates made America uniquely vulnerable to economic contagion .
Most of this vulnerability can be laid at the feet of central bankers at the Federal Reserve , and we will pay a terrible price for it in the coming years .
This is an uncomfortable truth , one that central bankers desperately hope to obscure while the media @ @ @ @ @ @ @ .
But we should not let them get away with it , because ( at least when it comes to legacy media ) the Fed ’ s gross malfeasance is perhaps the biggest untold story of our lifetimes .
Symptoms of problems were readily apparent just last September during the commercial bank repo crisis .
After more than a decade of quantitative easing , relentless interest rate cutting , and huge growth in “ excess ” reserves ( more than $ 1.5 trillion ) parked at the Fed , banks still did not @ @ @ @ @ @ @ was the point of taking the Fed ’ s balance sheet from less than $ 1 trillion to over $ 4 trillion , anyway ?
Banks still needed money , after a decade of QE ?
As with most crises , the problems took root decades ago .
What we might call the era of modern monetary policy took root with the 1971 Nixon Shock , which eliminated any convertibility of dollars for gold .
Less than twenty years later , in October 1987 , Black Monday wiped out 20 percent of US @ @ @ @ @ @ @ Greenspan promised Wall Street that such a thing would never happen again on his watch , and he meant it : the “ Greenspan Put ” was the Maestro ’ s blueprint for providing as much monetary easing as needed to prop up equity markets .
The tech stock crash of the NASDAQ in 2000 only solidified the need for “ new ” monetary policy , and in 2008 that policy took full flight under the obliging hand of Fed chairman Ben Bernanke—a man who not only fundamentally misunderstood the Great Depression in @ @ @ @ @ @ @ had the self-regard to write a book titled The Courage to Act about his use of other people ’ s money to reinflate the biggest and baddest stock bubble in US history. James Grant of Grant ’ s Interest Rate Observer characterizes the Fed ’ s recent actions as a “ leveraged buy-out of the United States of America.
” The Fed is assumed to have an unlimited balance sheet , able to provide financial markets with “ liquidity ” as needed , in any amount , for any length of time .
@ @ @ @ @ @ @ to do more , and Congress to spend more , all in the unholy name of liquidity .
But liquidity is nothing more than ready money for investment and spending .
In the current environment it is a euphemism for free manna from heaven .
It is “ free ” money—unearned , representing no increase in output or productivity .
It has no backing and no redeemability .
And not only are there no new goods and services in the economy , there are far fewer due to the lockdown .
So monetary @ @ @ @ @ @ @ is dead as a doornail .
What central banks and central bankers do no longer falls within the realm of economics or policy ; the Fed no longer operates as what we think of as a central bank .
It is not a backstop or “ banker ’ s bank , ” as originally designed ( in theory ) , nor is it a steward of economic stability pursuing its congressionally authorized dual mandate .
It does not follow its own charter in the Federal Reserve Act ( e.g.
, buying corporate bonds @ @ @ @ @ @ @ to economic theory or empirical data .
It no longer pursues any identifiable public policy , other than sheer political expediency .
Fed governors do not follow “ rules.
” It answers to no legislature or executive , except when cravenly collaborating with both to offload consequences onto future generations .
The Fed is , in effect , a lawless economic government unto itself .
It serves as a bizarro-world ad hoc credit facility to the US financial sector , completely open ended , with no credit checks , no credit limits , @ @ @ @ @ @ @ , and in some cases no repayment at all .
It is the lender of first resort , a kind of reverse pawnshop that pays top dollar for rapidly declining assets .
The Fed is now the Infinite Bank .
It is run by televangelists , not bankers , and operates on faith .

by Jeff Deist via Mises
[This text is excerpted from the introduction to The Anatomy of the Crash, a Mises Institute ebook to be released in April 2020.]
The Great Crash of 2020 was not caused by a virus. It was precipitated by the virus, and made worse by the crazed decisions of governments around the world to shut down business and travel. But it was caused by economic fragility. The supposed greatest economy in US history actually was a walking sick man, made comfortable with painkillers, and looking far better than he felt—yet ultimately fragile and infirm. The coronavirus pandemic simply exposed the underlying sickness of the US economy. If anything, the crash was overdue.
Too much debt, too much malinvestment, and too little honest pricing of assets and interest rates made America uniquely vulnerable to economic contagion. Most of this vulnerability can be laid at the feet of central bankers at the Federal Reserve, and we will pay a terrible price for it in the coming years. This is an uncomfortable truth, one that central bankers desperately hope to obscure while the media and public remain fixated on the virus.
But we should not let them get away with it, because (at least when it comes to legacy media) the Fed’s gross malfeasance is perhaps the biggest untold story of our lifetimes.
Symptoms of problems were readily apparent just last September during the commercial bank repo crisis. After more than a decade of quantitative easing, relentless interest rate cutting, and huge growth in “excess” reserves (more than $1.5 trillion) parked at the Fed, banks still did not have enough overnight liquidity? What exactly was the point of taking the Fed’s balance sheet from less than $1 trillion to over $4 trillion, anyway? Banks still needed money, after a decade of QE?
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As with most crises, the problems took root decades ago. What we might call the era of modern monetary policy took root with the 1971 Nixon Shock, which eliminated any convertibility of dollars for gold. Less than twenty years later, in October 1987, Black Monday wiped out 20 percent of US stock market valuations. Fed chair Alan Greenspan promised Wall Street that such a thing would never happen again on his watch, and he meant it: the “Greenspan Put” was the Maestro’s blueprint for providing as much monetary easing as needed to prop up equity markets. The tech stock crash of the NASDAQ in 2000 only solidified the need for “new” monetary policy, and in 2008 that policy took full flight under the obliging hand of Fed chairman Ben Bernanke—a man who not only fundamentally misunderstood the Great Depression in his PhD thesis, but who also had the self-regard to write a book titled The Courage to Act about his use of other people’s money to reinflate the biggest and baddest stock bubble in US history.
James Grant of Grant’s Interest Rate Observer characterizes the Fed’s recent actions as a “leveraged buy-out of the United States of America.” The Fed is assumed to have an unlimited balance sheet, able to provide financial markets with “liquidity” as needed, in any amount, for any length of time. Pennsylvania senator Pat Toomey urges the Fed to do more, and Congress to spend more, all in the unholy name of liquidity.
But liquidity is nothing more than ready money for investment and spending. In the current environment it is a euphemism for free manna from heaven. It is “free” money—unearned, representing no increase in output or productivity. It has no backing and no redeemability. And not only are there no new goods and services in the economy, there are far fewer due to the lockdown.
So monetary “policy” as we know it is dead as a doornail. What central banks and central bankers do no longer falls within the realm of economics or policy; the Fed no longer operates as what we think of as a central bank. It is not a backstop or “banker’s bank,” as originally designed (in theory), nor is it a steward of economic stability pursuing its congressionally authorized dual mandate. It does not follow its own charter in the Federal Reserve Act (e.g., buying corporate bonds). It no longer operates according to economic theory or empirical data. It no longer pursues any identifiable public policy, other than sheer political expediency. Fed governors do not follow “rules.” It answers to no legislature or executive, except when cravenly collaborating with both to offload consequences onto future generations.
The Fed is, in effect, a lawless economic government unto itself. It serves as a bizarro-world ad hoc credit facility to the US financial sector, completely open ended, with no credit checks, no credit limits, no collateral requirements, no interest payments, and in some cases no repayment at all. It is the lender of first resort, a kind of reverse pawnshop that pays top dollar for rapidly declining assets. The Fed is now the Infinite Bank. It is run by televangelists, not bankers, and operates on faith.


investmentwatchblog--2020-04-16--Bloomberg Starts To Admit That Only Gold Is Real And Markets Are Illusions

by Chris Powell of the Gold Anti-Trust Action Committee ( GATA ) A little surprisingly for Bloomberg News , John Authers notes today that the gold price shows that stock market gains since 1971 are an inflationary illusion .
His analysis is headlined “ Gold Still Shines 50 Years After Nixon .
Will Netflix ?
” and it ’ s posted here : Also a little surprisingly , the news service acknowledges today that the Federal Reserve has commandeered markets comprehensively and that fund managers now want mainly to buy what the Fed itself is buying .
This report is @ @ @ @ @ @ @ ‘ Follow the Fed ’ Mantra ” : Meanwhile GATA continues to be disparaged as “ conspiracy theorists ” for documenting how the gold market long has been manipulated by government as well .
If government isn ’ t manipulating the gold market today , it ’ s the only market not being so manipulated .
Wine carrying the label of the Gold Anti-Trust Action Committee , cases of which were awarded to three lucky donors in GATA ’ s recent fundraising campaign , are now available for purchase by the case from @ @ @ @ @ @ @ Texas .
Each case has 12 bottles and the cost is $ 240 , which includes shipping via Federal Express .
Here ’ s what the bottles look like : Buyers can compose their case by choosing as many as four varietals from the list here : GATA will receive a commission on each case of GATA-label wine sold .
So if you like wine and buy it anyway , why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals ?
To @ @ @ @ @ @ @ please e-mail Fay J Winery at bagman1236 @ aol.com .
“ Rigged ” is a concise explanation of government ’ s currency market rigging policy and extensively credits GATA ’ s work exposing it .
Ten percent of sales proceeds are contributed to GATA .
Buy a copy for $ 14.99 through Amazon — — or for an additional $ 3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert @ comcast.net .
Help keep GATA going : GATA is a civil rights and educational organization based @ @ @ @ @ @ @ the U.S. Internal Revenue Code .
Its e-mail dispatches are free , and you can subscribe at : To contribute to GATA , please visit :

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)
Dear Friend of GATA and Gold:
A little surprisingly for Bloomberg News, John Authers notes today that the gold price shows that stock market gains since 1971 are an inflationary illusion. His analysis is headlined “Gold Still Shines 50 Years After Nixon. Will Netflix?” and it’s posted here:
www.bloomberg.com/opinion/articles/2020-04-15/gold-still-shines-…
Also a little surprisingly, the news service acknowledges today that the Federal Reserve has commandeered markets comprehensively and that fund managers now want mainly to buy what the Fed itself is buying. This report is headlined “BlackRock Leads Investors Worldwide With ‘Follow the Fed’ Mantra”:
www.bloomberg.com/news/articles/2020-04-15/blackrock-leads-inves…
Meanwhile GATA continues to be disparaged as “conspiracy theorists” for documenting how the gold market long has been manipulated by government as well. If government isn’t manipulating the gold market today, it’s the only market not being so manipulated.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA’s recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here’s what the bottles look like:
www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
We are primarily funded by readers. Please subscribe and donate to support us!
www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
Support GATA by purchasing
Stuart Englert’s “Rigged”
“Rigged” is a concise explanation of government’s currency market rigging policy and extensively credits GATA’s work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon —
www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651…
— or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
www.gata.org
To contribute to GATA, please visit:
www.gata.org/node/16


investmentwatchblog--2020-04-16--Alert! The Banks CAN TAKE Your $1200 Stimulus Check!

by Bix Weir of Road to Roota Did you know that your bank can TAKE your stimulus payment if you @ @ @ @ @ They CAN !
And then they will use leverage it up 10-1 and have $ @ @ @ @ @ Scary con !

by Bix Weir of Road to Roota
We are primarily funded by readers. Please subscribe and donate to support us!
Did you know that your bank can TAKE your stimulus payment if you owe them ANY money? They CAN! And then they will use leverage it up 10-1 and have $12,000 to play with! Scary con!


investmentwatchblog--2020-04-16--Big Banks Set To Seize Shale Oil Assets

Big Banks Set To Seize Shale Oil Assets

Only weeks ago , scores of rating agencies sounded the alarm that the coronavirus credit crunch would set in motion a wave of corporate bankruptcies that would make the 2008 credit crisis look like child ’ s play .
With many of the world ’ s most advanced economies all entering a synchronized shutdown with no end in sight , it was clear that companies that have binged on cheap debt such as the U.S. shale sector would face a severe existential crisis as cheap credit taps suddenly run dry and loans starts to come due .
And now we @ @ @ @ @ @ @ of bankruptcies sweep through the U.S. oil and gas industry , with takeovers–not the usual restructuring–the first chapter in the new playbook .
According to Reuters , a raft of big lenders including JPMorgan Chase & Co , Wells Fargo & Co , Bank of America Corp and Citigroup Inc , have kicked off the process of setting up independent companies that will take over operations at distressed oil and gas companies .
Whiting Petroleum Corp. ( NYSE : WLL ) became the first victim of the shale bust after it filed for @ @ @ @ @ @ @ other beleaguered producers such as Chesapeake Energy Corp. ( NYSE : CHK ) , Denbury Resources Inc. ( NYSE : DNR ) and Callon Petroleum Co ( NYE : CPE ) , reportedly having hired debt advisers , too .
The giant banks are looking to establish holding companies that will sit above limited liability companies ( LLCs ) containing the seized assets with the newly formed entities proportionally owned by banks participating in the original secured loans .
The last time that U.S. banks resorted to such extreme measures with energy companies @ @ @ @ @ @ @ collapse ravaged the industry .
Banks have mostly relied on loan restructuring processes that prioritize them as secured creditors with bondholders seeking control of the companies in the event of defaults .
But such is the high level of debt and uncertainty pervading the global energy sector that lenders are being forced to take more dramatic steps .
U.S. energy companies are indebted to the tune of more than $ 200 billion , with loans mostly backed by oil and gas reserves .
According to Moody ’ s , the U.S. oil and @ @ @ @ @ @ @ of rated debt due over the next four years , one of the highest for any sector .
The oil price crash makes it especially hard for these companies to comply with their debt obligations .
Meanwhile , the sector dominates the $ 1.5-trillion junk-bond industry with about one-third of high-yield energy bonds in distressed territory .
Lenders have become very wary because they have much less protection than during the last energy slump .
Back then , unsecured debt was mostly able to absorb losses in restructurings and was often converted to @ @ @ @ @ @ @ But with that insulating layer of junior debt gone and some top-seniority loans , such as those for Alta Mesa Resources Inc. , also in default , they are really feeling the heat this time around .
Lenders typically evaluate the value of oil reserves used as collateral for bank loans twice a year and are likely to use the spring negotiations to limit their exposure to more troubled borrowers .
Oil and gas producers with bonds trading with double-digit yields include California Resources Corp. ( NYSE : CRC ) , Range Resources @ @ @ @ @ @ @ Southwestern Energy Co. ( NYSE : SWN ) , Antero Resources Corp. ( NYSE : AR . )
, Comstock Resources Inc. ( NYSE : CRK ) , Extraction Oil & Gas Inc. ( NASDAQ : XOG ) and Oasis Petroleum Inc. ( NASDAQ : OAS ) .
Meanwhile , oilfield services and drilling companies have some of the most high-risk debt , with junk-rated companies accounting for 65 % of the $ 32B debt tab by the sector .
Of these companies , Transocean ( NYSE : RIG ) has $ 4.3B @ @ @ @ @ @ @ has $ 1.8B , Nabors Industries ( NYSE : NBR ) owes $ 1.4B , and Superior Energy Services ( NYSE : SPN ) has $ 1.3B of debt set to mature within the next two years as per Moody ’ s .
With perennially weak commodity prices , falling demand , shuttered capital markets , and the coronavirus dampening global economic growth , there probably won ’ t be much respite for the cash-starved shale sector , which could see more than 20 % reduction in available lending .
You can also @ @ @ @ @ @ @ about making borrowers hedge their production and much less willing to grant standard covenants and fairly generic reserve-based loan terms given the scale of asset impairment that is about to hit the shale industry .

By Alex Kimani
Only weeks ago, scores of rating agencies sounded the alarm that the coronavirus credit crunch would set in motion a wave of corporate bankruptcies that would make the 2008 credit crisis look like child’s play.
With many of the world’s most advanced economies all entering a synchronized shutdown with no end in sight, it was clear that companies that have binged on cheap debt such as the U.S. shale sector would face a severe existential crisis as cheap credit taps suddenly run dry and loans starts to come due.
And now we are beginning to see a big wave of bankruptcies sweep through the U.S. oil and gas industry, with takeovers–not the usual restructuring–the first chapter in the new playbook.
According to Reuters, a raft of big lenders including JPMorgan Chase & Co, Wells Fargo & Co, Bank of America Corp and Citigroup Inc, have kicked off the process of setting up independent companies that will take over operations at distressed oil and gas companies.
Whiting Petroleum Corp. (NYSE: WLL) became the first victim of the shale bust after it filed for Chapter 11 bankruptcy on April 1 with other beleaguered producers such as Chesapeake Energy Corp. (NYSE: CHK), Denbury Resources Inc. (NYSE: DNR) and Callon Petroleum Co (NYE: CPE), reportedly having hired debt advisers, too.
Extreme Measures
The giant banks are looking to establish holding companies that will sit above limited liability companies (LLCs) containing the seized assets with the newly formed entities proportionally owned by banks participating in the original secured loans.
The last time that U.S. banks resorted to such extreme measures with energy companies was in the late-1980s when another oil-price collapse ravaged the industry.
Banks have mostly relied on loan restructuring processes that prioritize them as secured creditors with bondholders seeking control of the companies in the event of defaults.
But such is the high level of debt and uncertainty pervading the global energy sector that lenders are being forced to take more dramatic steps.
We are primarily funded by readers. Please subscribe and donate to support us!
U.S. energy companies are indebted to the tune of more than $200 billion, with loans mostly backed by oil and gas reserves. According to Moody’s, the U.S. oil and gas industry has about $86 billion of rated debt due over the next four years, one of the highest for any sector.
The oil price crash makes it especially hard for these companies to comply with their debt obligations.
Meanwhile, the sector dominates the $1.5-trillion junk-bond industry with about one-third of high-yield energy bonds in distressed territory.
Lenders have become very wary because they have much less protection than during the last energy slump. Back then, unsecured debt was mostly able to absorb losses in restructurings and was often converted to equity, leaving banks mostly unscathed. But with that insulating layer of junior debt gone and some top-seniority loans, such as those for Alta Mesa Resources Inc., also in default, they are really feeling the heat this time around.
No Respite
Lenders typically evaluate the value of oil reserves used as collateral for bank loans twice a year and are likely to use the spring negotiations to limit their exposure to more troubled borrowers.
Oil and gas producers with bonds trading with double-digit yields include California Resources Corp.(NYSE: CRC), Range Resources Corp.(NYSE: RRC), Southwestern Energy Co. (NYSE: SWN), Antero Resources Corp.(NYSE: AR.), Comstock Resources Inc.(NYSE: CRK), Extraction Oil & Gas Inc. (NASDAQ: XOG) and Oasis Petroleum Inc. (NASDAQ: OAS).
Meanwhile, oilfield services and drilling companies have some of the most high-risk debt, with junk-rated companies accounting for 65% of the $32B debt tab by the sector. Of these companies, Transocean (NYSE: RIG) has $4.3B; Valaris (NYSE: VAL) has $1.8B, Nabors Industries (NYSE: NBR) owes $1.4B, and Superior Energy Services (NYSE: SPN) has $1.3B of debt set to mature within the next two years as per Moody’s.
With perennially weak commodity prices, falling demand, shuttered capital markets, and the coronavirus dampening global economic growth, there probably won’t be much respite for the cash-starved shale sector, which could see more than 20% reduction in available lending.
You can also expect lenders to be much more stringent about making borrowers hedge their production and much less willing to grant standard covenants and fairly generic reserve-based loan terms given the scale of asset impairment that is about to hit the shale industry.
By Alex Kimani for Oilprice.com