1/ If #CoronaVirus was a front in a Currency War...
-China is responsible for a significant amount of the global supply chain.
-China already restricting shipments & availability of goods.
-USA allegedly now energy independent.
-China controls significant gold & lithium reserves.
-China is responsible for a significant amount of the global supply chain.
-China already restricting shipments & availability of goods.
-USA allegedly now energy independent.
-China controls significant gold & lithium reserves.
2/ -China is a net importer of oil & gas
-China has been pumping their stock market.
-USA is also pumping their stock market.
-China probably survives #nCoV19 crisis due to massive manufacturing infrastructure.
-USA probably hurts more due to lack of access to China goods.
-China has been pumping their stock market.
-USA is also pumping their stock market.
-China probably survives #nCoV19 crisis due to massive manufacturing infrastructure.
-USA probably hurts more due to lack of access to China goods.
3/ -Chinese currency might possibly hyperinflate, just like how they misreport the #2019nCoV cases, they have been printing money massively internally & reporting false numbers to the world.
-USD probably survives as world reserve...
-Global depression more likely now than 2019
-USD probably survives as world reserve...
-Global depression more likely now than 2019
4/ If global recession/depression happens:
-Gold, #Bitcoin, Real Estate, US Cash to buy the dip.
-I don't see why you would risk being heavy in stocks right now.
-Not a bad idea to look at building an emergency food storage.
-Global recession more likely if Bernie gets elected.
-Gold, #Bitcoin, Real Estate, US Cash to buy the dip.
-I don't see why you would risk being heavy in stocks right now.
-Not a bad idea to look at building an emergency food storage.
-Global recession more likely if Bernie gets elected.
5/ Central banks must be shaking in fear right now. As if they didn't have enough to deal with already re: REPO bailouts & uncharted territory with national debts, a global pandemic is already adding more stress.
Can markets survive this
cc @JamesGRickards @RaoulGMI @Jkylebass?
Can markets survive this
cc @JamesGRickards @RaoulGMI @Jkylebass?
@JamesGRickards @RaoulGMI @Jkylebass 6/ How do government bonds fit into this scenario?
cc @AriDavidPaul ?
cc @AriDavidPaul ?
7/ This is a relevant opinion on this subject that I saw after posting this tweetstorm yesterday.
