IS THIS A JOKE? MUTATION PANIC 2.0!
Dear Reader: 2020 is ending with a bang. It’s been a year of turbulence and it is ending with a massive news alert about the British mutation from September that is now more common than the original coronavirus in that country. Other governments have banned the entrance of British into the country and there are questions as to how effective the vaccine will be with this strain and if the tests are able to detect it.
Because it’s been out there since September, though, we know nothing has materially changed except for the fact that this new strain is probably able to spread faster since it has been attributed to more than half of the confirmed cases in England. For the time being, the markets have panicked for a day and have moved on, and we believe that you should, too. If this strain was a real issue, we’d had scientific data coming out, but since September, no one has alerted about its lethality or molecular complexity, so any market volatility should be used to your advantage.
The overall sentiment remains bullish (oh great,that’s alright then,as long as markets and profit- streams are ok) for both precious metals and stocks after the $900bn bill has been approved and after the government funding has been mostly finalized.
Just like in March and April, news stories that scare the sheeple will be broadcasted, but instead of joining the chorus, be a contrarian and capitalize on this. When you see volatility that drives your watch lists down to their limit orders, don’t be hesitant with companies that you’ve done your due diligence on!
This $900bn bill shows that Republicans and Democrats will continue to support the economy with whatever it takes. They will not be able to save small business owners, though, which are the biggest victims of the coronavirus from a financial perspective. COVID-19 is a reset moment; the world has changed permanently. Some people will never take their masks off again.
Millions of others have or will be forced to change occupations while others will have to start over and reinvent themselves. These unfortunate stories about millions of people who have been hurt by how society has chosen to handle the pandemic will be the stuff of many books and movies. Even though the fatality rate is minuscule compared to other pandemics of the past, the world has shown that our countries are designed for health, not sickness.
The leverage of hospital beds and ventilators per citizen has proven to be too high. The leverage of medical personnel compared to the size of the general population has proven to be inaccurate to meet demand. There will be new standards in each country for readiness going forward. We believe the most important facet of clear thinking is being able to talk things through with close mastermind members of an alliance, people you trust and are capable. If we have learned one thing in 2020, it is that being part of a smart group of 2-3 is paramount to traveling the winding roads of life. SHTFPlan Staff