A German cathedral has its collection of remains of St. Corona, the little-known Christian martyr who has been purported to be the patron saint of resisting epidemics. Her name in Latin merely means “crown,” which was an indication that the young saint had achieved the “crown of eternal life” because of the steadfastness of her faith. There is a connection with the coronaviruses, named because of their crown-like structure. So the virus is not named after her and there is not really any connection that can be verified that she is the patron saint of epidemics.

One of the excursions I have made in traveling around the world was to a tiny ancient city of Epidaurus in ancient Greece on the Argolid Peninsula at the Saronic Gulf. This is where people went to pray for their health. They prayed to Asclepius who was pictured with a staff with a serpent entwined which became our medical symbol still today. If you wanted to pray for the health of the community in times of a plague, you went to the temple next door for his daughter, Hygena, whose name is the origin of good hygiene.

QUESTION: Hi Marty:
Good traders know when they are wrong based upon objective evidence.
You argue that the Coronavirus isn’t a true pandemic, and that the governments’ reactions to this are politically driven with the intention of advancing a socialist agenda. Your perspective is logical and supportable. But, it is very hard not to get caught up in the media hype and the constant stream of dire predictions and numbers. So, I am still not convinced one way or the other.
What would you need to see statically for you to change your position, and determine that the Coronavirus is in fact a true pandemic warranting the governments’ response?
Best,
Dan

ANSWER: This is a pandemic, not an epidemic. The distinction is very significant. What I am saying is that politics is now taking over and using the hype for political gain. As of March 30, 2020, there have been 142,178 confirmed cases and 2,484 deaths. The flu results in 10 times the number of deaths each year. Ask yourself, why do we not shut down the entire economy for every flu?

If we take the ratio of flu numbers (10x), then there should be about 40,000 hospitalizations, 1.8 million medical visits, and 3.8 million people who get the virus. With 142,178 confirmed, we are well behind the 1.8 million for this flu season and that is not considered an epidemic.

The hype is being used for political purposes. This is way too exaggerated to make sense. This is too convenient and organized. I PERSONALLY have real information that elites in Europe were given the heads up and sold not just their shares, but their bonds. NEVER has there been a flight to quality that went directly to cash — not even 1929!

The numbers are far from what would be necessary to imply any justification for closing the entire world. It is true that good traders know when they are wrong, but they also know when something iswrong and this does not add up to the past.

COMMENT:

Hi,

Am a long time blog follower, as well as a Plus membership subscriber.

I penned this poem about the absurdity that is happening with this Corona episode. I was hoping that you could share it with the public on your blog.

Hour after hour day after day,
mainstream and state media has the same thing to say.

Causing a panic amongst the masses,
gotten to the point where many cannot find the material to wipe their own asses.

A lot of societies vulnerable have lost their employment,
living on government handouts brings no enjoyment.

Media aggression,
has caused a severe depression.

Perhaps this will all pass in a matter of time,
though probably not before a major surge in crime.

Government says we cannot leave our door,
yet every year the common flu kills so many more.

So isolate yourself and follow our news,
makes one wonder if this is all just a ruse?

I surely am not the lone informed soul,
understanding the endgame is more government control!

Regards,

CR