Mar 292020
 


Dorothea Lange Kern County, California 1938

 

Trump Backs Off Threat Of Coronavirus Quarantine For NYC Area (NYP)
Florida Coronavirus Cases Are Growing Fast. Here’s What That Means. (TBT)
Rhode Island Door Knocks in Search of Fleeing New Yorkers (AP)
700 N.J. Police Officers Have Tested Positive For Coronavirus (NJ.com)
More Than 500 Members Of The NYPD Have Coronavirus (NYP)
Italy PM Adopts New Measures To Help Coronavirus-Hit Economy (R.)
Home Confinement In France Extended To April 15 (SA)
UK Coronavirus Death Toll Under 20,000 Would Be ‘Good Result’ – Health Chief (R.)
UK To Turn Birmingham Airport Into Mortuary (BBC)
UK Broadband Providers To Lift Data Caps During COVID-19 Lockdown (G.)
“There’s No Gold” – COMEX Report (ZH)
Biden Consolidates Support, But Trails Badly In Enthusiasm (ABC)

 

 

Lost an hour overnight because Europe finally went to Daylight Saving Time. That one hour extra/less between the two sides of the ocean always throws me off-rhythm. The missing hour also shows up in the numbers, but we’ll make that up tomorrow.

Since the US is now the world no. 1, it’s inevitable that much of the news switches there as well. I AM unpleasantly surprised to see the numbers of police officers infected, and I would like to know how that happens. Trump’s notion of a NYC lockdown seemed to make sense, but “wiser” voices prevailed. As NYC has turned into not just the American, but the global center.

 

 

Cases 672,086 (+ 63,819 from yesterday’s 613,829)

Deaths 31,737 (+ 3,508 from yesterday’s 28,229)

 

 

 

From Worldometer yesterday evening (before their day’s close)

 

 

From Worldometer -NOTE: mortality rate for closed cases is at 18% –

 

 

From SCMP: (Note, SCMP numbers have done a little sprint, their US deaths are even higher than Worldometer now)

 

 

From COVID2019Live.info:

 

 

 

 

Did Trump get talked out of it by the likes of Cuomo? As NYC is turning into the global epicenter? Cuomo keeps calling for equipment, but refuses to ponder measures that could make that less important.

Trump Backs Off Threat Of Coronavirus Quarantine For NYC Area (NYP)

President Donald Trump on Saturday night backed off a daylong threat to lock down NYC and the tri-state area — a proposal that had thrown three governors for a loop. “A quarantine will not be necessary,” Trump wrote in a series of tweets Saturday night, reasoning that a travel advisory would suffice. “On the recommendation of the White House CoronaVirus Task Force, and upon consultation with the Governor’s (sic) of New York, New Jersey and Connecticut, I have asked the [Centers for Disease Control and Prevention] to issue a strong Travel Advisory, to be administered by the Governors, in consultation with the Federal Government,” Trump tweeted.


Trump had told reporters outside the White House earlier Saturday that he was considering a regional lockdown to stop the spread of the disease, to the dismay of the tri-state’s governors. New Jersey Gov. Phil Murphy said he and Trump spoke just a day before, on Friday, and the idea wasn’t brought up. Gov. Andrew Cuomo said he wouldn’t even know how such a lockdown would be instituted. “I don’t know how that could be legally enforceable and from a medical point of view don’t know what you would be accomplishing, but I can tell you I don’t even like the sound of it,” he told reporters Saturday.. He appeared on CNN later, where he likened the concept to starting a “Civil War,” and called it “preposterous.”

Read more …

Still photos of full beaches.

Florida Coronavirus Cases Are Growing Fast. Here’s What That Means. (TBT)

The number of confirmed coronavirus cases in Florida is doubling every three days, putting the state on a trajectory to see tens of thousands of infections in the coming weeks, a Tampa Bay Times analysis shows. No rigorous model has been calculated for Florida to predict the disease’s spread in detail. Those usually take months to create. But at this point, experts say the math is simple. The number of cases is already past the point of easy containment and infections are growing faster and faster, at what statisticians call an exponential rate. Without dramatic steps, they worry that the epidemic will balloon across Florida and place an unprecedented strain on hospitals and health clinics.


Thomas Hladish, a University of Florida research scientist who specializes in disease modeling and has been advising the state on the outbreak, said that while epidemiologists might disagree on the nuances of their projections, they all agree on the main point. “We do understand the math and the models well enough to say with great confidence that Florida is going to have a huge public health crisis,” Hladish said. “And we are just at the beginning of it right now.” By 11 a.m. Saturday, Florida had reported more than 3,700 cases — an increase of nearly 1,000 in 24 hours. Florida remains one of the few states with a large outbreak not to issue a statewide order to keep residents at home. Several counties across the state, including Hillsborough and Pinellas, issued “safer at home” orders in the last week.

Some public health experts say it will take the more extreme step of shutting down the state to halt the disease’s rapid spread in Florida. Nine hundred Florida healthcare workers had signed a petition by Friday asking for the same thing. The effects of the intervention wouldn’t be apparent right away. The same is true for the smaller steps that have already been taken in Florida, like social distancing or closing restaurants and fitness studios. “We are not going to see the benefits for a few weeks, which is frustrating to everyone,” said Dr. Mary Jo Trepka, an infectious disease epidemiologist and professor at Florida International University.

Read more …

If not the craziest thing around, a solid contender.

Rhode Island Door Knocks in Search of Fleeing New Yorkers (AP)

The Rhode Island National Guard started going door to door on Saturday in coastal areas to inform any New Yorkers who may have come to the state that they must self-quarantine for 14 days while Gov. Gina Raimondo expanded the mandatory self-quarantine to anyone visiting the state. Raimondo also ordered residents to stay at home, with exceptions for getting food, medicines or going to the doctor, and ordered nonessential retail businesses to close Monday until April 13 to help stop the spread of the coronavirus. She also directed realtors and hotel operators to include new requirements that any out-of-state residents must quarantine for 14 days in their purchase agreements.

State Police set up a checkpoint on I-95 in Hope Valley on Friday where drivers with New York license plates must stop and provide contact information and were told to self-quarantine for two weeks, WPRI.com reported. If New Yorkers don’t comply, they face fines and jail time, Raimondo said, adding that that’s not the goal. “I want to be crystal clear about this: If you’re coming to Rhode Island from New York you are ordered into quarantine. The reason for that is because more than half of the cases of coronavirus in America are in New York,” Raimondo said, adding that it’s not meant to be discriminatory.

New York Gov. Andrew Cuomo called the order “reactionary” and unconstitutional, saying he’d sue Rhode Island if the policy isn’t rescinded but believed they could “work it out.” “I understand the goal … but there’s a point of absurdity, and I think what Rhode Island did is at that point of absurdity,” said Cuomo, a Democrat. “We have to keep the ideas and the policies we implement positive rather than reactionary and emotional.”

Read more …

Insane. How did this happen?

700 N.J. Police Officers Have Tested Positive For Coronavirus (NJ.com)

About 700 New Jersey police officers have tested positive for the coronavirus, officials said Saturday. “There’s more than 700 police officers quarantined at home, and there’s about the same … number that have tested positive from all 21 counties,” Col. Patrick Callahan, acting superintendent of the State Police, said in Trenton during the state’s daily coronavirus press briefing. that amount is far higher than previously known. Newark, Jersey City, NJ Transit, the Port Authority, Fanwood, Hazlet and the State Police have all reported cases. Two officers that were in “serious condition” are now stable, Callahan said. None have died. Testing sites in Bergen and Holmdel were only testing symptomatic first responders Saturday, Gov. Phil Murphy previously said.


There are about 36,000 full-time officers in the state, according to recent State Police data, and experts said the public should not be concerned about a looming officer shortage. “If you have the right officers and you have the right supervisors … we are good,” said Maria Haberfeld, a police science professor at John Jay College of Criminal Justice in New York. Crime has also dropped in the state, officials have said, which could help departments cope with any short-staffing, according to Jon Shane, a retired Newark police captain who teaches at John Jay. [..] New Jersey has at least 11,124 known cases of the virus overall, including at least 140 known deaths, officials announced Saturday.

Read more …

Seriously, how? Are they infecting each other? Like at the stations?

More Than 500 Members Of The NYPD Have Coronavirus (NYP)

Nearly 200 more NYPD cops tested positive for the coronavirus in less than a day — causing the number of infected department members to soar above 550, officials said Friday. According to a spokesman for the NYPD, 486 uniformed officers and 71 civilian employees have now contracted COVID-19. Late Thursday, 294 cops and 57 civilians were positive. Friday’s figures — the largest daily increase in confirmed cases on the force — come a day after the NYPD lost its first employee to the coronavirus, Dennis Dickson, 62, a civilian cleaner at police HQ, and Deputy Commissioner John Miller was hospitalized in critical condition with severe COVID-19 symptoms.


The potentially deadly virus has been sweeping through the department over the past week, leaving the NYPD without at least 11 percent of its patrol officers, who called out sick. About 375 more cops called out sick Friday. According to the NYPD, 4,111 officers were out ill — nearly four times the average number of cops out sick.

Read more …

Italy is finally free to do what it wants financially, the EU is silent.

Italy PM Adopts New Measures To Help Coronavirus-Hit Economy (R.)

Italian Prime Minister Giuseppe Conte said on Saturday he had approved a new package of measures to help those worst hit by the coronavirus emergency, including supplying shopping vouchers and food packages. Conte said in a news conference that €4.3 billion ($4.79 billion) would be made immediately available to mayors to deal with theirs citizens’ needs and another 400 million would be provided in a special fund for “people who don’t have the money to do their shopping.” Italy, the country that has suffered most deaths from the coronavirus epidemic, already approved a 25 billion euro stimulus package earlier this month and has promised another one of at least the same size in April.


Economy Minister Roberto Gualtieri, speaking at the same news conference, criticized the president of the European Commission, Ursula von der Leyen, for appearing to dismiss the need for issuance of common debt by European Union countries. “The commission president’s words were a mistake and I regret that she made them,” he said, adding that Europe would need “a great Marshall Plan” to relaunch its economy after the coronavirus emergency is over.

Read more …

What an unsympathetic term.

Home Confinement In France Extended To April 15 (SA)

The Covid-19 home confinement period will be extended for “at least two weeks” beyond the initial two-week period, the French prime minister has announced this afternoon. The obligation to stay at home, with limited exceptions, started at noon on Tuesday March 17 and was scheduled to last until Tuesday March 31 at least and until further notice. Now Prime Minister Edouard Philippe has confirmed it will definitely be extended and will not end before Wednesday April 15. “It is clear that we are only at the beginning of the wave of this epidemic,” he said specifying that the same rules, such as needing a form to go out of the house, will continue to apply.


He said the period could be extended further again if the health situation makes it necessary. On Tuesday, the official scientific committee advising the government said an extension to the confinement period was essential and pleaded for a period of six full weeks from its implementation i.e. until Tuesday April 28. A new extension could be decided “if and only if the health situation requires it,” said Mr Philippe. “Those who do not respect the rules of confinement are few in number and will be severely punished, because the health of everyone is at stake, especially the most fragile among us,” the prime minister added while praising citizens “for their civic-mindedness, patience and solidarity” during this period.

Read more …

Prepare to die. Just don’t dare blame Boris.

UK Coronavirus Death Toll Under 20,000 Would Be ‘Good Result’ – Health Chief (R.)

The United Kingdom will do well if it manages to keep the coronavirus death toll below 20,000, a senior health official said on Saturday after the deadliest day so far of the outbreak saw the number of fatalities rise to more than 1,000. Stephen Powis, the medical director of National Health Service England, warned the public against complacency and said everyone had to play their part in hindering the spread of the virus. The number of confirmed cases stood at 17,089 on Saturday morning. The death toll rose by 260 in a day to 1,019, the seventh highest toll in the world behind Italy, Spain, China, Iran, France and the United States.


When asked if Britain was on the same trajectory as Italy, where the death toll has passed 9,000, Powis said that if the public adhered to the nationwide lockdown the total toll could be kept below 20,000. “If it is less than 20,000… that would be a good result though every death is a tragedy, but we should not be complacent about that,” he said at a news conference in Downing Street. Prime Minister Boris Johnson became the first leader of a major power to announce a positive test result for coronavirus on Friday. He is self-isolating in Downing Street but still leading the UK response to the crisis.

Read more …

1,500 bodies? How small is that airport?

UK To Turn Birmingham Airport Into Mortuary (BBC)

Work to turn part of Birmingham Airport into a mortuary able to store at least 1,500 bodies has begun. Bosses previously said discussions were under way, but West Midlands Police confirmed the project had started. An airport spokesperson said it was working to provide land and a hangar for the temporary morgue. Police said there was “scope to expand” the starting capacity of 1,500, as the region prepared for a predicted rise in coronavirus deaths. The force said regional mortuaries may close as staff were transferred to the new facility, which could eventually accommodate all deaths across the West Midlands. This would include those unrelated to coronavirus, it said.


The force said it would do everything possible to accommodate religious requirements and that it was “vital” to give people “the utmost dignity and respect” at all times. Senior coroner for Birmingham, Louise Hunt, said: “We understand that it is a very difficult time for everyone and we will do all that we can to make sure bereaved families understand what is happening to their loved ones and to release them for funeral as soon as we can.” Assistant Chief Constable Vanessa Jardine said public sector agencies and their partners were working together “to better deal with this challenge… at a critical time of need”.

Read more …

It’s essential that Boris talk to you.

UK Broadband Providers To Lift Data Caps During COVID-19 Lockdown (G.)

All data allowance caps on current fixed broadband services will be removed in a deal struck by the government and telecommunications companies to help vulnerable people stay connected through the pandemic. It is among a range of immediately effective measures agreed by major internet service and mobile providers including BT/EE, Openreach, Virgin Media, Sky, TalkTalk, O2, Vodafone, Three, Hyperoptic, Gigaclear, and KCOM. The companies have pledged that anyone who is struggling to pay their bill due to the pandemic will be treated fairly and appropriately supported, the Department for Digital, Culture, Media and Sport said.

The firms have also agreed to offer generous new mobile and landline packages to ensure people are connected and the most vulnerable continue to be supported. These could put users in line for packages featuring data boosts at low prices and free calls from their landline or mobile. Vulnerable customers or those who are self-isolating, who are faced with priority repairs to fixed broadband and landlines which cannot be carried out, should be given alternative methods of communication wherever possible, the companies said.

The digital secretary, Oliver Dowden, said: “It’s fantastic to see mobile and broadband providers pulling together to do their bit for the national effort by helping customers, particularly the most vulnerable, who may be struggling with bills at this difficult time. It is essential that people stay at home to protect the NHS and save lives. This package helps people to stay connected whilst they stay home.” Watchdog Ofcom’s chief executive, Melanie Dawes, said: “We recognise providers are dealing with unprecedented challenges at the moment. So we welcome them stepping up to protect vulnerable customers, at a time when keeping in touch with our friends and families has never been more important.”

Read more …

Tik tok.

“There’s No Gold” – COMEX Report (ZH)

While the demand for gold has been soaring as a safe haven asset amid the multiple global crises we are currently facing, forced paper gold liquidation (as leveraged funds scramble to cover margin calls) and unprecedented logistical disruptions created a frantic hunt for actual bars of gold. Specifically, as Bloomberg details, at the center of it all are a small band of traders who for years had cashed in on what had always been a sure-fire bet: shorting gold futures in New York against being long physical gold in London. Usually, they’d ride the trade out till the end of the contract when they’d have a couple of options to get out without marking much, if any, loss. The real price.. for real gold? Nearer $1,800. If you can get it.

“There’s no gold,” says Josh Strauss, partner at money manager Pekin Hardy Strauss in Chicago (and a bullion fan). “There’s no gold. There’s roughly a 10% premium to purchase physical gold for delivery. Usually it’s like 2%. I can buy a one ounce American Eagle for $1,800,” said Josh Strauss. “$1,800!” “The case for gold is simple,” says Strauss. “You want to own gold in times of financial dislocation and or inflation. And that’s been the case since time immemorial. And gold behaves well in those cases. In those cases stocks behave poorly. It’s a great portfolio hedge. Gold does poorly when you’ve got strong economic growth and low inflation. Tell me when that’s going to happen. Gold held its value during 2008 and after all that money printing it tripled over the next three years.”

And in case you doubted this, the cost of an American Eagle one ounce coin at the US Mint is now $2,175…

Read more …

Really bad theater.

Biden Consolidates Support, But Trails Badly In Enthusiasm (ABC)

Former Vice President Joe Biden has emerged as Democrats’ top choice for the presidential nomination in a new ABC News/Washington Post poll, but with only bare majority support within his party and a massive enthusiasm gap in a November matchup against President Donald Trump. Indeed, strong enthusiasm for Biden among his supporters – at just 24% – is the lowest on record for a Democratic presidential candidate in 20 years of ABC/Post polls. More than twice as many of Trump’s supporters are highly enthusiastic about supporting him, 53%. Trump’s still-strong rating on the economy is another challenge for Biden. So is this: Among Democrats and Democratic-leaning independents who prefer Vermont Sen. Bernie Sanders for the nomination, 15% say they’d back Trump over Biden in the fall.

In the nomination contest, 51% of leaned Democrats now prefer Biden vs. 42% for Sanders. That’s a vast 34-point gain for Biden since mid-February, with other candidates having left the race and endorsed him. Sanders gained 10%age points. Yet even as he’s advanced in his party, Biden’s slipped against Trump in a November matchup. The two are locked into essentially a dead heat among registered voters, 49-47%, Biden-Trump, after a slight Biden lead, 52-45%, in February. Biden does better vs. Trump among all adults (Democrats are less apt to be registered), 50-44%. That’s a slight lead, but it was more solidly significant in February, 52-44%.


Perhaps the Democrats’ biggest risk is under the surface, in Trump’s big advantage in backers who are “very” enthusiastic about supporting him. Strong enthusiasm for a candidate can help boost turnout on Election Day, a must-have particularly for Democrats, who rely more on motivating less-frequent voters to come to the polls. While trailing Trump by 29 points in high-level enthusiasm, Biden makes up some of the difference with those who are “somewhat” enthusiastic. But he still trails Trump by 12 points in the combined measure, 74 vs. 86%.

Read more …

 

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Thanks everyone for your wonderful and generous donations over the past few days. The rest of you: don’t be strangers.

 

 

 

 


Jennifer Baer

 

 

Support us in virustime. Help the Automatic Earth survive. It’s good for you.

 

Home Forums Debt Rattle March 29 2020

This topic contains 16 replies, has 10 voices, and was last updated by  Boogaloo 2 months ago.

Viewing 17 posts - 1 through 17 (of 17 total)
  • Author
    Posts
  • #56212

    Dorothea Lange Kern County, California 1938   • Trump Backs Off Threat Of Coronavirus Quarantine For NYC Area (NYP) • Florida Coronavirus Cases A
    [See the full post at: Debt Rattle March 29 2020]

    #56214

    oxymoron
    Participant

    Not one but two just incredible douchbags. Branson and Biden. Lowly, creepy, conniving. The Vampire Squid love suckbags like these two. It shows the adage of never look at what one says but what one does. They do bad shit and talk like snake charmers.

    #56215

    anticlimactic
    Participant

    Re Gold – Money is only worth what people are prepared to give you for it!

    #56216

    V. Arnold
    Participant

    They do bad shit and talk like snake charmers.

    Ah, you have such a way with words… 😉

    #56217

    boscohorowitz
    Participant

    Remember those mysterious drone formations 2&1/2 months ago?

    Plain State Drones

    Possible correlations with the current move toward lockdown? But this is America. It could’ve just been some first-stage market buzz generation for Drone Wars: The Game Continues, an example of (to quote old man Gibson) the internet “everting”. In this case, in the form of gamers using their gaming interfaces to control real drones in real time.

    Sounds crazy, but so is millions of people spending hours a day pushing buttons to move virtual actors through intergalactic battle fleets.

    Or just preparing for a massive pizza drop in battle-hardened NYC and similar places:

    Wings Across America

    “Last year UPS beat Amazon and Alphabet to being the first company to get approval to use drones for parcel deliveries from the US Federal Aviation Authority.”

    And remember:

    Fonebone Likes to Watch

    #56218

    zerosum
    Participant

    Appearance – pretended behavior to make an impression
    in contrast to
    capabilities – ability to perform

    #56224

    sumac.carol
    Participant

    I am really getting to a point where this covid-19 is looking like a majorly over-hyped event for most people. Here’s why:

    Our health care systems were on life support before this happened in Canada, a relatively rich country. We had regular warnings of hospitals operating at levels in excess of capacity. Personal experience of seeing a family member through the ER experience for a serious event confirmed this for me (family member was with four other patients in an office that had been converted to a room for patients). My partner worked in a chronic care hospital up to 5 years ago and every friday there was a big musical beds exercise to make room for the weekend emergency patients that would overflow from the acute care institutions into the chronic care. The demographic bubble of boomers overwhelming the health care system has been recognised for a very long time – it is not news.

    Another note on the health front: we are on the precipice of melt-down in health care due to antibiotic resistance, which currently kills many people. Once this comes full force, you can forget all of your fancy medical interventions because without effective antibiotics many procedures will be impossible (think surgeries). Big pharma is not interested – no money here, much more money in stuff llike statins — stuff people take every day for decades rather than something like antibiotics that you take for 10 days. A huge user of antibiotics is conventionally raised meat. I don’t hear any leaders either in the medical field or our political leadership calling for a stop to this type of animal husbandry and planning to transition to a raising animals in a way that does not involve these levels of antibiotics. The excuse given is that we can’t afford it. Okay then, just get ready for the day when you need antibiotics and they don’t work — that’s part of the cost of this decision.

    We are experiencing a once in 100 year event – what organization plans the capacity for this? None, and it makes sense that they would not. Nature will take its course and the system will be pushed past its limit.

    Poverty kills millions of people every single year – not just once in 100 years. There is not hue and cry to try to stop this, ensure more equality. On the contrary, there is foot-dragging and continued policies of impoverishing nations and undesirables within nations. First Nations people in Canada have been sickened by contaminated drinking water on reserves for decades, and the government is still “working on it”.

    Climate change and eco-cide (which will likely bring us to our demise if humans survive covid-19) will kill gazillions of people. Crickets on this issue from our political leadership and citizens don’t want to make the necessary changes in their behavior because it is too inconvenient. Funny anecdote: the political leaders of my small community refused to declare a climate emergency because they didn’t want to scare the kids. Funny how now they aren’t concerned about scaring the kids re covid-19.

    #56226

    boscohorowitz
    Participant

    There is a psych phenomenon, the name of which I forget, describing how groups of people (specifically but not limited to committee-style groupings) are faced with a large problem and find they can’t come to an effective consensus for action regarding the major problem (usually the case), they opt for a minor action just for the satisfaction of agreeing upon SOMETHING. The anecdote I read to describe is that when someone was raped in an old college campus garden shed, the committee deliberation resulted in having the garden shed painted.

    Of course our leaders are ineffective at dealing with this or any other significant emergency. Expecting this is like a dog expecting its fleas to solve its mange problem.

    #56228

    zerosum
    Participant

    @ sumac.carol
    That’s why I wrote the following yesterday.

    The only number that is important for me is not shown.
    It is the number that applies to my changing conditions.
    The number of those without the virus.
    The # of death for my age group.
    If I end up in a long term care home then it will be the # of death for those seniors.
    If I get sick and in a hospital then that will be the number of death for the sick in a hospital.

    The only number that my “leaders” care about is the one that keeps me as an essential, willing, pacified, servant that doesn’t rock the boat because my “leaders” can’t swing with their burden of wealth around their neck.

    #56231

    sumac.carol
    Participant

    Yup absolutely Zerosum – well and beautifully said.

    Good point Bosco – our leaders need to look like they are doing something.. Wrecking ball comes to mind.

    #56232

    Doc Robinson
    Participant

    “And in case you doubted this, the cost of an American Eagle one ounce coin at the US Mint is now $2,175…”

    The author’s credibility just went down. That coin sold by the US Mint is a proof coin sold at a premium price. New bullion coins (not proof) can be found for around $1,800 per ounce (with a spot price of $1,658).

    How to Buy United States Mint Bullion Coins
    The United States Mint, like other world mints, does not sell its bullion coins directly to the public. Instead, we distribute our coins through a network of official distributors called “authorized purchasers” who, in turn, create a two-way market buying and selling to precious metals wholesalers, private investors, and local bullion coin dealers.

    This method provides effective and efficient distribution, which maximizes the availability of a two-way market of United States Mint Bullion Coins in retail markets and major investment markets.

    United States Mint bullion coins are sold based on the prevailing market price of gold, silver, platinum, or palladium plus a small premium to cover minting, distribution, and marketing costs.

    https://catalog.usmint.gov/coins/precious-metal-coins/bullion-coins.html

    #56236

    Doc,

    There’s more where that came from:

    Unobtanium

    #56240

    Doc Robinson
    Participant

    That’s more exaggeration from “Tyler”.

    I glanced at the APMEX site today, and many gold coins are still in stock, such as Krugerrands for $1,802.99 or the Austrian Philharmonic for $1,777.99

    That’s less than 10% over the spot price.

    https://www.apmex.com/product/13/austria-1-oz-gold-philharmonic-bu-random-year

    #56248

    boscohorowitz
    Participant

    American Eagle price history

    credible

    I’d say the author of the gold price piece is quite credible, looking at the hiostory of American Eagle prices in the article linked and the image (hopefully) shown

    #56255

    WES
    Participant

    Sumac.carol:

    Regarding Drinking water on Indian reservations. This is is just part of Indian politics!

    This problem has been around forever and will be in the future too. Sadly it has a lot to do with corruption on the Indian reservations.

    Do you remember the Harper government trying to bring transparency to tribal government finances? By requiring Indian governments to publically disclose annually how tribal money was spent?

    Do you remember how all of a sudden Indian chiefs were declaring drinking water emergencies all across Canada? This was merely the Indian chiefs way of hitting back at Harper!

    Then Trudeau was elected. The first thing Trudeau did was to eliminate any requirements for Indian chiefs to publically disclose how tribal money was spent. Notice how we suddenly no longer hear about Indian drinking water problems anymore!

    It was always about the power of Indian chiefs to spend their tribal money from the federal government as they saw fit! Try and take that power away and the chiefs will beat you over the head with drinking water!

    As for maintenance of water systems, well a new pickup is more appealing.

    I have a wee bit of experience with natives here in Canada and the US. In particular Naskapis, Montagnais, & Navajo. I have also run into a few others like Mohawk, Hopi, Crow, etc.

    #56256

    WES
    Participant

    Doc Robinson:.

    Yes, Tyler likes to exaggerate! Click bait!

    Gold and especially gold mining stocks are in a world of hurt at the moment!

    Someday paper gold prices will stop setting the price of physical gold but that day isn’t now.

    #56258

    Boogaloo
    Participant

    I also agree with Doc Robinson.

    In my mind the author lost all credibility by citing the premium for a niche retail product as if that was representative of the entire market. I just returned from lunch. I checked with the jeweler downstairs and as of today it is possible to buy a 37.5g bar of 99.9 gold for $20 below spot (the popular weights in Korea are 3.75g or 37.5g).

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