In this regard I cant really imagine all the possible outcomes from this. This could be a massive global issue as much as a straw fire.
Somebody says this is a very serious one.
Somebody says this is all scare mongering.
Somebody says this is a conspiracy maybe from some obscure power, maybe from China or maybe to destabilize China.
Where the mess and the voices go wild what i usually do is to put them all aside, and search for reliable data.
Here is some food for thoughts.
AT LEAST in the last 5 centuries, the THIRD DECADE (so starting from '20 to '29) is by cycle a decade where human beings face a huge pandemic. Here is what I found:
- 1530 Geneva’s plague;
- 1628 - 1630 Lyon and Milan’s plague;
- 1720 Marseille’s plague;
- 1817 - 1823 Cholera;
- 1918 - 1920 The Spanish.
I am a fan of cycles in history as much as in the markets because Natures evolves trough cycles and I pay attention to them…let’s say I was pretty confident to find some interesting epidemic in the past cycles in world’s history.
Bill Gates in 2018 gave a lecture in conjunction with WHO where he announced that in the years to come the world would have face a global pandemic able to kill like 30 million people. I guess they have far more advanced historical data than me.
Ccoronaviruses, like Sars are able to transmit from human to human by air.
This Coronavirus is 50 times more lethal than common flu and is 3 times more contagious.
The highest rate of death for this Coronavirus is for elderly people, debilitated or with weak immune systems.
This is a real time data site with the world map about the coronavirus if you want to take it monitored. It says up to now 12.000 confirmed cases and 259 death so far:
For my understanding this is potencially more dangerous than flu and less dangerous than Ebola and Sars.
My take is…don’t go mad about it but don’t take it as if it was nothing either.
Here i leave you a site for more info direct from WHO:
Here is a simple way how one can at least protect himself just in case:
Now…what could happen into the market if this go wild?
I guess Gold Silvsr and foods like crops going up and Nasdaq going down like crazy.
Sorry for being so long on this one.