Coronavirus Conspiracy to Eliminate Paper Money?


Many people are starting to question why this coronavirus has been whipped up into a major panic when the annual flu kills far more people. Perhaps they have enlisted the conspiracy contingents who turn everything into the end of the world and are so eager to paint doom and gloom as a lethal weapon for mass financial destruction. They may not realize that they are being played for fools spitting out various conspiracies such as biological weapons laced with AIDS that will kill 50% of the population without a single shred of proof.

Curiously, the World Health Organisation (WHO), which is a specialized agency of the United Nationsestablished on April 7th, 1948, and is headquartered in Geneva, Switzerland, has advised people to use contactless technology instead of cash as banknotes may be spreading the coronavirus. It is interesting since paper money has long been recognized as a hospitable environment for gross microbes including viruses and bacteria. Both can live on most surfaces for about 48 hours. However, the claim is that suddenly paper money reportedly transports a live flu virus for up to 17 days. The question emerges: If this has always been the case, then suddenly why now warn about using paper money? Is this part of a broader plot to eliminate cash in order for governments to take whatever taxes they need when the entire social structure is collapsing around them?

Sweden has been the leader in eliminating cash. They have suddenly realized that there is a major risk to digital money and have advised citizens to now ‘Stockpile coins and banknotes‘ in case there is a cyberattack on the banking system. Living in Florida, you instinctively have to hoard some cash due to hurricanes. The power went out where my bank was for about a week. Without power, it became a cash-only society very fast if not instantly. There are two risks to digital currency: cyberattacks and power failures.

Operation Bernhard was an exercise by Nazi Germany to forge British banknotes. The initial plan was to drop the notes over Britain to bring about a collapse of the British economy during the Second World War. Obviously, undermining the currency of a nation during a war has been a strategy throughout all of time. The question that would certainly arise is if all money is crypto or digital, then an attack on the banking system and/or power grid would undermine the economy of an opponent.

Moving to electronic currency may be a desperate attempt to save socialism, but it would also open the door to sophisticated cyber attacks to undermine that economy.

The Great Educational Fraud


Students-1

QUESTION: Martin

Thanks for all you do. Being a student of stock market history I am never shocked by what I see in the market. I have been wondering for years what the catalyst will be for the correction of the insanity of student loan debt to pay for college. If students went on Shark Tank before going to college to say what they are going to do with the money and what they intend to study’s and put pen to paper of how they will pay that back. Most would be rejected by the sharks and should not go. Why is this so hard to figure out? Seems rational to me however what I see people doing is very irrational Thoughts?

Last I checked the library is free and has all the knowledge of the world available to us and at our fingertips with google and our phones. I guess people don’t like FREE.

They always say when the student is ready the teacher will appear. You always appear in all my searches for the truth and wisdom. Keep up the frat work

ES

ANSWER: Education has become a means of propaganda. People are told they will not get a job without a degree. I tell kids that it does not matter what you even get a degree in. Do it online and get a degree in basket weaving. It does not matter! You do not even need a degree to run for politics. You do not need a degree to be the president of the new head of the European Central Bank, as Christine Lagarde is a lawyer and not a trader or economist. So where is the justification that you need a degree to be qualified to do something the degree never covers?

U.S. Surgeon General Jerome Adams Discusses Coronavirus and Using Common Sense…


U.S. Surgeon General Jerome Adams appeared for an interview this afternoon to discuss the coronavirus along with ongoing efforts by the administration to address illnesses and continue proactive containment.  [COVID-19 Website Here]

General Adams emphasizes “keeping things in perspective” and apply common sense approaches that everyone should follow: Wash hands frequently; cover your cough; clean household surfaces with disinfectant, and maintain good personal hygiene standards.

U.S. Surgeon General

@Surgeon_General

Thanks ⁦@DanaPerino⁩ ⁦@dailybriefing⁩ for sharing the facts about
👉🏽Wash hands
👉🏽Cover cough
👉🏽Clean surfaces
👉🏽Masks not recommended for general public!
@WhiteHouse⁩ ⁦@VP⁩ ⁦@POTUS

View image on TwitterView image on Twitter

U.S. Surgeon General

@Surgeon_General

I also shared that the elderly and those with chronic medical conditions are proving most at risk for hospitalization and for death from . Most young & healthy people get only mild illness- but if you are in a higher risk group, be extra cautious w/ hand hygiene!

150 people are talking about this

VP Mike Pence Holds White House Press Briefing With Coronavirus Task Force – Video


The White House Coronavirus Task Force includes: Vice President Mike Pence; Ambassador Debbie Brix, White House Corona Virus Response Coordinator; Secretary Alex Azar, Department of Health and Human Services; Dr. Robert Redfield, Director, Centers for Disease Control and Prevention; Dr. Anne Schuchat, Principal Deputy Director, Centers for Disease Control and Prevention; Dr. Stephen Hahn, Commissioner of Food and Drugs, Food and Drug Administration; Dr. Anthony Fauci, Director, National Institute of Allergy and Infectious Diseases.

Earlier today Vice-President Mike Pence and the COVID-19 task force held a press conference. [Video Below]

President Trump Joins Coronavirus Task Force Meeting With Airline CEOs – Video


Earlier today President Trump joined Vice President Pence’s coronavirus task force meeting with airline CEOs in the Roosevelt Room.  There was a separate task force business meeting at the conclusion of President Trump’s participation.

At approximately 23:04 of the video the attending press pool asked President Trump for his opinion on the Super Tuesday election.  Interesting remarks.

[Video Below – Transcript will Follow]

How to Determine When New Highs Are Coming


QUESTION: Marty, your explanation of the 1987 Crash and the Nikkei are very informative. Can you elaborate on how we can see that on Socrates?

Thank you for the education

UD

ANSWER: The easiest way to see that is by using the Energy Model I developed. The very purpose of the model is to measure the amount of energy in the system, which is not the same as looking at the price movement of charts thereof.

 

Compare how the Energy Model performed on the Great Depression and then look at the 2007-2009 Financial Crisis. The Dow did not make new highs on the Energy Model until 1954. That took 25 years to accomplish. This was a Public Wave where sentiment shifted to secure government bonds, and equities were viewed as the speculative play toys of the rabble.

Now, look at the 2007-2009 Financial Crisis. We were making new highs on the Energy Model by February 2010. This confirmed that we would be making new record highs and this became the Most Hated Bull Market in history.

The 1987 Crash was interesting, for the Energy Model continued to make new highs after the market peaked. This was a warning we were dealing with a short-term event, not long-term. However, that high in energy from 1987 was not exceeded until July 1995. From that point onward, the US market began to rally significantly.

The US share market broke out on our Energy Models in July 1995 while the dollar bottomed against the Japanese yen in April 1995. This also confirmed we were dealing with a capital flow shift that would turn toward the dollar and the US equities.

Our Energy Models were designed to provide a completely different view of market activity. Even if we look at the standard oscillator, it peaked in January 1925 and that was not exceeded even into 1929, It was finally marched only in February 1955. So that was no help in really forecasting the Great Depression or the rally thereafter.

The Energy Model offers a completely different perspective and it has nothing to do with oscillators or moving averages. Moving average convergence divergence (MACD) is one of the most commonly used technical analysis indicators. However, the MACD (26/12) did not cross until June 1930. So this trend following momentum indicator looks at an asset’s momentum to ascertain whether the trend is up or down, but it failed to provide a trading signal that would have gotten you out of the market for nine months after the high. Therefore, oscillators and moving averages can be good confirmation tools, but they are not consistent insofar as providing always an advance warning.

Coronavirus Panic


COMMENT: How is this for the Pi Cycle in action: 1968 Hong Kong flu + 51.6 years = 2020 coronavirus.

BGP

REPLY: Yes, 2020 was the target year for the disease cycle to increase. It still points to the peak coming in 2022. The media has whipped this up into a full-blown panic over the novel coronavirus which is reaching a fever pitch in the US. This has resulted in even canceling conventions around the USA. Despite repeated pleas from health officials not to buy face masks which will not work, Americans can’t stop snatching up masks and respirators. The mask boom reminds me of the toilet paper panic of 1979. Sellers have jacked up prices and exploited the demand, just as gasoline stations raised prices during hurricanes in Florida and airlines raised prices on tickets to get out. Around where I live, they HATE CNN and see it as really fake news, not because of politics, but they stage dramatic scenes during storms to scare the hell out of people.

I can confirm from independent sources that a team of 25 international and Chinese experts traveled to several different provinces within China, which included a trip to Wuhan, the epicenter of the outbreak. I can confirm from independent sources that the team’s findings were that the epidemic had actually peaked between the 23rd of January and the 2nd of February. Since that date, it has been actually declining. The team also estimates that the measures taken in China have averted a significant number of cases but at a tremendous cost. China’s PMI has collapsed from the 50 level t0 about 35 — a 70% decline.

Reliable sources outside of China confirm that there have been over 83,000 cases of the COVID-19 disease that has now been confirmed in more than 50 countries. Of that, about 36,000 of those people have recovered. However, there remains fast-growing outbreaks in South Korea, Italy, and Iran. There are clear indications that the media has whipped this up into a panic while officials have warned that it does have the potential to spread widely in countries with weaker public health systems, specifically in Africa and Latin America.

 

Stock Market Roars Back in Response to Overblown Coronavirus Fears – Largest Point Gain Ever…


Corporate media initiated panic about the Coronavirus in 2020 the same way the media attempted to manufacture panic about an upcoming U.S. recession in 2019.

Everything about Coronavirus is hyped with political purpose. The CDC official who lit the fuse to create the panic was Dr. Nancy Messonnier who read a script handed to her by resistance operatives inside government.  Dr. Messonnier is Rod Rosenstein’s sister.

(VIA CNBC) Stocks rebounded sharply from their worst week since the financial crisis on Monday, with the Dow Jones Industrial Average posting its best day in more than a decade. Expectations that the Federal Reserve would cut rates drove the gains, which accelerated aggressively into the close.

The Dow closed 1,293.96 points higher, or 5.1%, at 26,703.32. The move on a percentage basis was the Dow’s biggest since March 2009. It was the largest-ever points gain for the 30-stock average. (more)

The Coronavirus issue hits on three main points of policy outlined by President Trump since his announcement of candidacy in 2015: (1) The need for secure borders and strong immigration controls. (2) The need to stop reliance on Chinese manufacturing; and (3) The need for the U.S. to have independent control over key sectors of manufacturing; including healthcare products and pharmaceuticals, as a matter of national security.

A Bear Market is Not Likely in the Most Hated Bull Market in History?


Well here we go again. These people who claim to be experts are warning that it is the fallout from the global coronavirus outbreak that has caused the crash and one says this could be “worse than the financial crisis” of 2008. Another claims to have forecast the 2008 Financial Crisis is now saying the idea of a major global recession “doesn’t sound too farfetched.” These people who always claim the market will crash then claim to have forecast the crash but only one out of 50 such forecasts are ever correct. They then also market themselves to please buy their newsletter because they were right.

The German top newspaper, Die Welt, commented on the stock market decline mentioning our perspective correctly February 28, 2020:

The crucial question for investors is now whether the stock market is drifting into a bear market, whether it is losing 20 percent or more, or whether there is a quick and strong recovery. Martin Armstrong currently believes a bear market is unlikely: “The rally that started in 2009 was the most hated rally in stock market history,” says the capital market expert from independent research firm Armstrong Economics.
Yes, I have forecast all the great crashes. That was actually the easy part. The difference in such forecasts sometimes go over everyone’s head. The 1987 Crash I forecast even that the market would fall basis the S&P500 futures from 286 to 181 in two days. True, that impressed even me. But the fact that the crash came on October 19th, 1987 which was the very day of the Economic Confidence Model confirmed what all my other models were screaming – we would make new highs by the peak of the ECM in December 1989. Both the NewYorker and even Bloomberg News had to admit that we correctly forecast the 1987 Crash.
That forecast may have impressed me, but what impressed the entire world was not forecasting the crash, but that the market would then make NEW HIGHS by 1989. Then what impressed our clients even more, was the fact that the December 1989 high not merely forecast that Japanese Bubble top, but that market would NOT make new real value highs, which was SUBSTANTIALLY a different forecast from the 1987 Crash.
As far as the 2007-2009 Financial Crisis, Barron’s commented on my forecast that the market would move back into a long-term bull market. They reported that ONLYbecause they thought it was nuts. Not a single US major financial newspaper would ever report this forecast, because they too filter the news. Overseas press will report, but not the American press. They prefer to put forth the fake forecasts for they are giving them the news they want to print.
So to all the people who ask why the press will never report our forecasts, all I can say is that it would upset the apple-cart. They are only selling media. They need people willing to talk all the time so they are usually the people who do not really have a serious business and are in constant search for new clients.

World Share Markets & the Mother of All Financial Crises


Armstrong Economics Blog/Stock Indicies

QUESTION: Marty,
Socrates has really been off the charts. I moved 401k and Roth money to cash in mid January and can not thank you enough!
In a private blog post in October, you showed the quarterly S&P with a possible high in Q1, and decline thereafter. Is it now possible that, given the directional changes this coming week, and in March, that the share markets could rise from here into 2021? That would also fit the quarterly array as well I believe. There are no other monthly directional changes after March on the array, and I think if this virus is overblown I don’t see how we go lower for a year from here unless this is truly end of days stuff. Can you ‘forecast’ 😉 what comes next?
Once again, thank you for your advice!
RK

ANSWER: I want to thank all the emails coming in with thanks for calling this correction, correctly. I am writing now the report on all the world share markets to provide the outlook into 2021. We are staring in the face the Mother of All Financial Crises and you always need the move in the opposite direction before pulling off what is the true direction of the markets.

What I hope to do is to prove to the world that this is not some random walk nor is the economy and markets play-things for economists and politicians. This is our future people are toying with. The negative interest rates have destroyed the central banks and nobody seems to have even figured that one out yet.

This is not some experiment to to allow people to try theories that are unsound. It is not just finances and money that is on the table of life. Everything flows from this right down to revolutions and war. As I have said, Marx’s theory to create Utopia, the cornerstone of socialism today, has been responsible for over 200 million deaths and counting.

While if I fail to wake up one morning, I would be relieved that I do not have to watch what these fools do and how history repeats without society ever learning a single damn thing. But I too have a family, an I fear for their future. I get to depart before so I have hope I can escape this madness. I would like to leave behind something to give them hope. Just maybe one day society will wake up and see the light at the end of the tunnel and understand that we have become addicted to repeating history and war.

When will we ever learn that we are all connected? Perhaps that is what the coronavirus will teach everyone how the global economy is interdependent