https://www.zerohedge.com/commoditie...les-paper-gold
Multiple Coronavirus related cancellations for conventions, shows, sports events Practically Destroy Las Vegas Economy overnight
Fed Fails To Ease Epic Dollar Shortage As FRA/OIS Goes Parabolic
JPMorgan officially forecasts a coronavirus driven recession will rock the US and Europe by July
India; "“A sum of INR 400,000 ($5,408) will be paid as ex-gratia to the family of the person who will lose his or her life due to #Coronavirus, including those involved in relief operations or associated in response activities", the statement issued by the Indian Home Ministry said on Saturday.
That is a lot of money in India.
Read more: Goldman Sachs studied every bear market in stocks since 1835 — and concluded that 3 red flags make this coronavirus-driven one unlike any other in history
https://markets.businessinsider.com/...0-3-1028994637
Mexico Mulls Shutting Northern Border Over Virus Spread Threat
Wait! where will we get all our meth?
"More Violent, More Persistent": Market Fear Worse Now Than In 2008, Man Who Inspired VIX Says
"If you look at 2008, it spiked and then within a day or two, it was going down very fast. Here, it’s been steadily going up instead of going down..."
Higher peak?
Covid-19 Impacting US Defense Readiness As Pentagon Announces "Minimal Staffing"
WAIT, how do we keep all the wars going?
"The Damage Is Not Theoretical" - It's Deep, Global, & Pervasive
There is no precedent for the situation we are facing now...
Scaremongers
The Last Time This Happened Was October 1929...
..and that did not end well.
Pentagon Orders All Troops Confined To Base Area, Bans Domestic Travel
WAIT, what about all the important wars?
The Aftermath - Surveying The Wreckage From Last Week's Market-nado
Just how fast did that escalate?
"The Market Is Broken" - Why Nobody Is Trading Any More
"I’ve never seen that before, the inability to trade a U.S. Treasury."
This is critical to understand. The U.S. Treasury bond is the instrument that underpins a huge part of world financial markets.
Armstrong warned about the collapse of the sovereign bond markets. There is no way to overstate the importance of a breakdown in this market.
BIG military exercise;
- Covid-19 – more then 100,000 infected around the world, six countries where tourists are prohibited from traveling and 17, which are recommended to be avoided.
- “Defender Europe 2020” – 40,000 participants from 17 NATO countries (and Georgia).
- According to the professors, the large troop movements within the framework of Defender Europe 2020 can contribute to the spread of corona virus infection throughout the European continent. And at the present time, the transfer of American troops to European ports is on the peak.
http://creditbubblebulletin.blogspot...moneyness.html
3/14 US stocks reach insanely oversold levels – Clive Maund
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