Precious Metals And The Coronavirus

Y2K was a threat that we SAW COMING, RESPONDED TO IN ADVANCE, AND DEALT WITH EFFECTIVELY.

I'm not talking about people hoarding guns and cans and toilet paper. I'm talking about people working long days and nights and weekends to fix and test the computer code that would have failed, but didn't, because THEY FIXED IT.

And about the intransigent fools who, seeing that there wasn't a big catastrophe, concluded that it had all been hype.

 

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And kudos to those diligent coders and IT professionals. Now if you see the pandemonium in today's mayhem the same way, you're delusional. Y2K pandemonium was thwarted, as you so eloquently stated. Today's upheaval was not thwarted, and it is ravaging today's economy.

 

Nice false positive for the nation as a whole

 

Hmm. Maybe.

In the run-up to Y2K, there were people who were saying it was an overreaction, and that it wasn't necessary to do all this disruptive work. Fortunately, experts were able to overrule them.

The current threat has come up a lot more quickly, and hard knowledge is harder to come by. The disruptive preparation (travel bans, closing schools, etc.) is more disruptive. I'm seeing posts that those measures are an overreaction. I strongly disagree, but I don't think anyone can yet be certain.

Fighting in the aisles to panic-hoard toilet paper? Yeah, that's an overreaction.

One humble request: when you talk about Y2K, please don't say it "was a theory" or "never materialized". Us old coders think you're talking about the code problems, not the global collapse, and it gets us all riled up. As you've seen.

 

Just an observation of the similarities. Too many are panicked at a time that needs common sense. The prepper mentality is so self centered. We are all in this together.

 

This daily "count" on the infected and dead is ridiculous, IMO.

If we did it for other sicknessess -- like the Flu or Common Cold -- the numbers would be astronomical.

How many Americans are infected by the common cold ? The Flu ?

 

The worst case scenario is a half million dead in the US. That is no small number.

 

That's hard to believe. Unless the virus mutates or is far deadlier than we've been told.....

 

It's possible that it's far worse than we are being told.

 

My grandmother lived through an Influenza A pandemic that took all the males in her large family in one week, her father and six siblings. She said the older girls and her mother just dug graves on their farm for several days. Now Influenza still kills but is no longer causing panic. The coronavirus is similar to the SARS virus, a worse respiratory cold than the Influenza, but it too will be addressed with vaccines. What is causing the panic in the U.S. is the realization that our for profit medical system is not as efficient as we believed it would be. I was a health professional and practiced for pandemics, we knew one would eventually occur. We believed one would come out of Asia or SE Asia because of the close proximity of people with animals where viruses can jump species easier. What is causing the economic crisis is a combination of fear and the fact that so many of our commodities including pharmaceuticals are made in China. The greed that drove our manufacturing to third world countries is now coming back to bite us. What surprised me is that gold and silver are also crashing. But considering the impacts this pandemic is having on manufacturing, I suspect commercial demand for PMs is down as well. The PM market is not driven by us collectors, and shouldn't be. I collect for the history that I learn. With a good understanding of history, the current conditions are not unique.

 

death rates are around 20 percent for people over 70

 

No that's not the worst case... it could be 1 million or more dead.

10X deadlier that the flu and its stealthy - harboring in people who feel fine while they spread it.

That is the other issue in most people (health younger ones) barely know they have it. Older people, anyone with lung (Asthma, COPD) issues, people with Hyper tension or heart conditions it becomes very bad.

 

i just saw a story about two extreme skiers about age 50 caught it on a flight..one is on a ventilator, these guys are very healthy

 

There are 8 pages of garbage here of people talking like they know what's up. Are any of you certified, credentialed experts in fields relevant to this coronavirus discussion? No? Ok.
Then if you are just laypeople talking about coronavirus, that's totally ok, but please cite your sources (from credentialed experts). If not, this thread is useless, and even potentially harmful.

 

Funny, I wasn't prompted for my epidemiologic credentials when I signed in. Were you? Come to think of it, I don't remember seeing your name listed on the Staff Members page as "Credential Enforcer", either.

Tell me, do you chime in with this same kind of comment when you hear people talking at the next table in a restaurant, too?

Thanks for this limited permission to speak. Oh, wait, that's right, I didn't see you listed as an enforcing authority.

I think I have some bad news for you about the Internet at large.

But it's tempered with some good news:

 

That is scary, I admit.

 

That seems high........

 

14.8% 80+ years
8 % 70-79
3.6% 60-69

Data from Chinese CDC. The data from US and rest of the world is still patchy.

Jim

 

I suspect that the data are in flux all over the world.

For instance....those 80+ years contingent....are they ALL 80-year olds or just 80-year olds in high-risk groups (i.e., old age homes, hospitals, already infected with pneumonia, etc.) ?

 

Zero interest rates. Good boy, Come on do some happy panting for us...