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1. The lovely Covid vaccine made in aborted fetal tissue with DNA altering technology, maybe a microchip and God knows what else. I’ve heard lots of people say they will fight to the death instead of take it.

2. Robert Kennedy, Jr. is an “anti-vaxxer” and has spoken a lot about vaccine injury. I read (somewhere, sorry I can’t find the link) that the covid vaccine modifies genetics and after taking the vaccine traditional treatments are not effective due to the changes.

   I wouldn’t take the vaccine if I was on my death bed. Vaccine injury is real and documented, but because of Big Pharma and those who get rich off of vaccine development (Gates, Fauci, etc) people aren’t informed and think vaccines will protect them from a particular illness. The reality is that many vaccines *cause* injury. I’m preparing myself to not ever fly again if the airlines require a vaccine to fly. And there are a lot of industries considering this requirement (public education for one).

   One other thought: The Markets don’t account for the will of the American people. Self-sufficiency is now more important then ever.
   My two cents.

3. 1) As I noted a while back, the rotation into stocks is not just the Dow index rising. Some severely depressed stocks like American Airlines and Carnival Cruise ships have risen 67 to 100 percent on news of the vaccines and hope business will return to normal so they avert bankruptcy.

   2) However, I suspect there will be a rash of Chapter 11 bankruptcies declared in February by retail companies after they have milked the Christmas buying season for as much revenue as possible.

   3) IMO, The stimulus is a two-edged sword for gold. On the one hand, another $Trillion in federal spending will weaken the dollar –which tends to raise gold. But if the stimulus encourages economic growth and recovery then that would lower gold.

   4) The vaccine effect on stocks will likely be undone in the coming weeks by a big increase in Covid deaths from Thanksgiving and Christmas travel/ family congregations.

   https://www.aol.com/news/fauci-warns-surge-upon-surge-134444712.html

   5) As always, above is my opinion — I am not licensed to give investment advice.

   1. Hi Don,
      I agree with what you’re saying. I want to just point out one small thing. Some people are expecting personal stimulus checks to add to the chances of reflation in the short term, as consumers kick-start the economy from the ground up. Personally, I don’t think that another single check will be enough to build inflation pressures.

      1. 1) I would agree if you are talking about general inflation like in the Jimmy Carter Administration (1977-1980). General inflation requires broad based demand across a large percentage of the population– but we haven’t had that in recent years because wealth and income is intensely concentrated within the Richest 2 percent and they are sated. You can only drink so much champagne and buy 100 meter yachts. In Carter’s time, the Richest 2 percent only had 8 percent of the national income — today it is over 25 percent.

         The other 98 percent don’t have the money to express demand — their savings have been severely reduced by the 2008 subprime crisis and this years Covid unemployment.

         Things that are in demand by the people with money — Bordeaux wine, gold as a safe haven — have had price inflation as has Ivy League tuition.

         But you can lose as much money by missing opportunity as by outright loss. Gold is a store of value but not a profit-earning investment. IF alternative investments like stocks are yielding more profit then the Rich will switch from Fear to Greed and rotate into stocks.

         Unless, of course, a major new danger arises. Say a far more lethal variant of the Covid virus arising as a mutation in mink farms.

      2. PS Federal spending for things like the stimulus checks is being funded by money printing — not by economic growth or taxes. IF you double the number of dollars then you halve their value in terms of real assets like land , fine art or land. But as I noted, there are other factors affecting demand and supply in the short term.

4. Re the vaccine, CDC is to decide/vote in a few days on who will receive the vaccine and when.

   Some news reports indicate initial supply in early January will go to healthcare workers (22 million) and elderly residents of long term care homes (3 million.)

   One report indicates that 39 percent of Covid deaths have been in long term care homes. Strange how that last piece of news is only coming out now after the election.

   Next up may be 87 million workers in essential industries –police, transport, agricultural, etc. That group has also been hard hit. Note that employers can demand their employees accept the vaccine or be fired.

   Next may be people over 65, esp with chronic health conditions (diabetes, etc.)

   However, I suspect the Richest 2 Percent (6.5 million ) and their Congressional prostitutes will be deemed Very Essential and will be at the head of the line. That is, if CDC doesn’t want to be voted out of existence. The News Media, of course, doesn’t discuss this.

   Healthy people under 65 may not have access to the vaccine until May-June. Only part of the vaccine supply will go to the USA — the bulk will be shipped to the rest of the world. (We only make up 328 million of the worlds 7+billion people. Although we get stuck with the check for development, for some reason.)

   1. Because China has vaccinated their people. That’s what countries do when they release a bio weapon – they vaccinate their people. That’s why they had no increase in cases since March. Glad we fit the bill for our own version of the vaccine instead of China distribution to the world.

5. There are good reasons to invest in “Tangibles” now days. Whether it’s precious metals or other preps, the investing tangibles seems to be a good idea.

   The American Rifleman magazine, [December 2020] on page 50, has an old Smith & Wesson ~advertisement for the Victory Model Revolver. (WW2 era) The prices listed:
   $28 with tax.
   $30.60 including tax.

   Think of all the people that look back and say, “I should have bought a truck load of guns; instead of a lifetime subscription to Ballroom Dancing Lessons!”

6. Um, yep, Don: However, I suspect the Richest 2 Percent (6.5 million ) and their Congressional prostitutes will be deemed Very Essential and will be at the head of the line.

   Too true. “Very Essential”.

   Here is something else you are unlikely to see in the news: https://www.msn.com/en-us/money/companies/astrazeneca-faces-difficult-questions-about-its-vaccine-after-admitting-mistake/ar-BB1bmqfQ?li=BBorjTa

   Carry on

   1. Actually if the vaccine is as bad as some people say, I’m more than willing to have the richest 2% and their Congressional prostitutes have the first doses.
      Let’s not forget Bill and Melinda Gates.

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