Tuesday 20 October 2020

Covid-19, All Bad News.

Baltic Dry Index. 1409 -68  Brent Crude 42.24

Spot Gold 1901

Coronavirus Cases 20/10/20 World 40,472,693

Deaths 1,121,174

"From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation."

Henry Hazlitt

Today, rising nervousness in the stock casinos even as China generates yet more stock casino billionaires.

The Great Nixonian Error of fiat money, communist money, now only enriches a few billionaire stock promoters while impoverishing and bankrupting much of the real economy. Central banksterism at its worst.

But the big news this morning leads the Covid-19 section. Twenty percent of infections may not generate immunity to reinfection. Does this cast doubt on the success of vaccines?

Asian stocks dip as U.S. political concerns grow

October 20, 2020

No comments:

Post a Comment