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CASH IS KING

Monday April 20, 2020. We came across this YouTube financial video and suggest you watch it. Link below. This guy has almost half a MILLION subscribers, which is really shocking for a money oriented video. Evidently a lot of investors think he is worth following.

VIDEO LINK

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We sold our very large gold position last week with a huge 19% profit in only a few weeks. We anticipate buying gold again if GLD pulls back to the 50 day moving average.

Regular readers know we have been suggesting holding a lot of cash. But we have been fiddling around in swing trading a few stocks. We don’t profess to be expert traders and are not posting these trades.

DOW is down 470 right now and we expect further declines.

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Did we really have to shut down the entire country?? Probably not.

Professor Yitzhak Ben Israel of Tel Aviv University, who also serves on the research and development advisory board for Teva Pharmaceutical Industries, plotted the rates of new coronavirus infections of the U.S., U.K., Sweden, Italy, Israel, Switzerland, France, Germany, and Spain. The numbers told a shocking story: irrespective of whether the country quarantined like Israel, or went about business as usual like Sweden, coronavirus peaked and subsided in the exact same way. In the exact, same, way. full article

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MORONIC dead man walking Biden just continues making an ass out of himself. He simply cannot form a complete sentence. Here is demented Bidee on CNN–of course.

Trump War Room – Text TRUMP to 88022 @TrumpWarRoom

BIDEN: “Um, you know, there’s a uh, during World War… Two, uh, you know, where Roosevelt came up with a thing that uh, you know, was totally different than a, than the, the, it’s called, he’s called it a, you know, the World War Two, he had the World, the War Production Board.”

NOW IN OUR 8TH YEAR. NOTE TO NEW READERS: Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. Don’t forget to hit the like button. Our host WordPress is running ads in the blog and we receive NO compensation from this advertising.

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