Precious Metals And The Coronavirus

Discussion in 'Bullion Investing' started by Joe2007, Feb 21, 2020.

  1. furryfrog02

    furryfrog02 Well-Known Member

    88,373 -Cases which had an outcome
    80,873 (92%) -Recovered / Discharged

    7,500 (8%) -Deaths
     
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  3. medoraman

    medoraman Supporter! Supporter

    I read that the death rate in Italy has 0% mortality for those 0-29 years old. Of those that died, I wonder how many were over 65? I know we skew older on this board, but we have to face that it is the younger generation that is critical for economic growth, not the over 65 set.

    This is why I believe this is overblown. If it risked wiping out schools I would be MUCH more alarmed. If nursing homes are the most at risk, not to be unkind or grieve their loss, but ECONOMICALLY it is not nearly as bad. My father is about as high of a risk as possible, and of course personally I am concerned for him, but I simply do not think the economy will collapse over it. Right now it is the fear associated with it that is causing the most damage.
     
  4. medoraman

    medoraman Supporter! Supporter

    Is that right? I think that is only counting severe cases, the ones hospitalized. I bet if you report on flu cases that were hospitalized you would get the same results.
     
  5. furryfrog02

    furryfrog02 Well-Known Member

    Just pulling from this site:
    https://www.worldometers.info/coronavirus/
     
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  6. Endeavor

    Endeavor Well-Known Member

    Yea same here. I don't get why the eggs are selling out also. They're perishable. I can understand the TP a little cause of fear of supply chain disruption and not wanting to expose oneself to crowd at store when needing to resupply, but eggs?
     
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Eggs are a great (and versatile and tasty) protein source, they keep for a surprisingly long time (weeks) in a cold refrigerator, and they've gotten ridiculously cheap over the last year or two.
     
  8. longnine009

    longnine009 Most Exalted Excellency

  9. -jeffB

    -jeffB Greshams LEO Supporter

    I hope you're right, but that cohort's suffering could easily overwhelm our health care system (as we're seeing in Italy). The more we can delay and spread out the disease's peak, the better our chance of coping -- at least, that's what I'm hearing from medical professionals.
    Right now it's the response in preparation that's causing the most damage. We all focus on toilet-paper follies, but shutting down schools and public gatherings... well, I guess it's always been true that one person's "fear" is another person's "reasonable caution".

    If I see a pack of snarling dogs running toward me, I'm going to run for the nearest door I can shut on them. It doesn't matter whether I'm running because I'm scared, or because I'm prudent; it matters that I run fast enough to get inside.
     
  10. -jeffB

    -jeffB Greshams LEO Supporter

    As best I can tell from some quick research, the 1968 H3N2 flu was different in these important ways:
    • Transmissibility was lower.
    • Lethality was lower (less than 0.5%).
    • There was some cross-resistance from related previous flu strains.
    I imagine we were also a bit less mobile 50 years ago, although I'm not sure how much difference that makes. I also see an observation that schools went on Christmas break right about the time it really got going.
     
  11. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Vaccines for Influenza have been available since before WWII, and as people live through each new flu season and new mix vaccine, the greater their chances of not having it develop in them....UNTIL they get much older, develop chronic immune damaging diseases such as diabetes and take immune lowering drugs for other illnesses and then its downhill.

    People live longer in a normal environment without a pandemic because of those medications, but it makes them much more susceptible without a vaccine. Flu vaccines are usually yearly, but the death rate is usually dominated by the very young and the very old. The US had not suffered a coronavirus epidemic, there were only 8 US cases of SARS and 2 US cases of MERS, so there is little or no residual resistancy for C-19
     
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  12. longnine009

    longnine009 Most Exalted Excellency

    What does any of that have to with:
    "I remember people talking about the Hong Kong flu when I was a kid. I don't remember anyone going Full Metal Plate about it."

    https://www.cdc.gov/flu/pandemic-resources/1968-pandemic.html

    Today
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Just speculating about why there might not have been as many people/companies/nations "going Full Metal Plate about it" that time around.
     
  14. longnine009

    longnine009 Most Exalted Excellency

  15. masterswimmer

    masterswimmer Well-Known Member

    Great, now the mint has the 'formula' to sell out their POS annual offerings.
     
  16. TheFinn

    TheFinn Well-Known Member

    And I'm sure the 140,000 is reaching 150K.

    Looks like the people are ripe for marshall law.
     
  17. -jeffB

    -jeffB Greshams LEO Supporter

    198,426 cases. 7,897 deaths.

    upload_2020-3-17_23-57-19.png

    Note that these are logarithmic scales, and the curves are still turning upward. The rate of increase is increasing.

    There's a very real chance we could reach the million-infected milestone by the end of the month. We'll certainly pass 10,000 dead by the end of this week.

    I'm having a hard time finding up-to-the-minute data for seasonal flu mortality, but it looks like COVID-19 is already killing more people per day than the seasonal flu -- and it's accelerating, rapidly.
     
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  18. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

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  19. longnine009

    longnine009 Most Exalted Excellency

    That's not even 4%. Did the news whores happen to mention how many of them were "Knocking on Heavens Door" before they got infected?
     
  20. longnine009

    longnine009 Most Exalted Excellency

    I found some eggs at Walmart. Don't chickens lay eggs anymore? They look like they were laid by speckled trout.
     
  21. crazyd

    crazyd Active Member

    I can hard to change people's beliefs with facts.
    Facts sometimes dont change peoples beliefs :)

     
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