The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Auson...you might just have hit the nail on the head ..am I right in thinking it's widely known that the virus escaped from a Chinese laboratory , rather than a local fish market in the coincidental same location as the laboratory ? I haven't seen any official publication or document concluding this ?
Would it be taking conspiracy theories to the limit to suggest it was a serious setback in the Chinese intention to use viral warfare in the future ?
Gold ain't going anywhere much until those with the biggest levers take the brakes off and that most probably wont be anytime soon!
Our planet has been almost completely ruined and so many species of driven to or on the brink of extinction by the greed and excesses of mankind, possibly it would be justice and may even save the planet if the virus eradicated the species that has some misguided cense of being more important than any other species?
In the meantime our richest nations and their corrupt and greedy political masters have the opportunity to tackle the pandemic and bring about change for the better by forgetting the cost & profit involved and instead start sending free vaccines to all the countries that don't have access to them at present!
Gold down again even though German Inflation Surges to 6%. What's it going to take to make it move? Perfect conditions, but it does not move.
I'm starting to lose my confidence that we're going to see a significant rally. Not sure what will make it go up.
Gold can have a mahoosive rally in short term, $2400, Physical Gold already priced at $1861
A bit threat has been the more we hide away the more susceptible we’ll be to existing viruses as our immune system won’t get exercised
Remember that the current vaccines will also cover mutations- to be proven on this one but likely- we have the same flu year on year and the vulnerable get vaccinated- heck, I’m just over 50 and I take one lol
This has always been the case… we develop more vaccines to stop- simple
Could be just what the planet needs. The root cause of all the major problems we face is crazy human overpopulation & unnecessary excessive consumption. As we as a race seem unable, unwilling or both to address the real problem perhaps the planet will do it for us. Wouldn’t be so bad for the long term good, be sh*t awful for most of us now though :)
candidinvestor,
You can say what you like about the quality of Chinese manufacturing, but they sure know how to make a good virus.
I have just had a foreboding thought . Given the Corona is here to stay , and Omicron has over 50 mutations..the most so far , what happens if the virus makes a quantum leap mutation, in terms of increasing both contagion and seriousness , to the extent that if you catch it you die , and it keeps on mutating and becoming more serious until we all die...is that really beyond the realms of possibility ?
It would certainly bring an end to global warming !
mick-b,
and Silver ... not so much.
It seems to me of late the Gold price has a bit more get up and go than Silver price
Wall Street Breakfast
The newly discovered Omicron coronavirus variant has the world on edge, with a lot of questions surrounding its infectiousness, ability to cause serious disease and to what degree it's able to evade the immune response from prior infection or vaccination. The strain first identified in South Africa was dubbed a "variant of concern" last week by the World Health Organization, sparking fresh worries it could prolong the nearly two-year COVID-19 pandemic. While no cases of this variant have yet been identified in the U.S., the CDC is "continuously monitoring" the situation and many say it is only a matter of time.
Snapshot: The Omicron variant has about 50 mutations, more than 30 of these are on the spike protein that allows the virus to bind to human cells. The receptor-binding domain (i.e. the part of the virus that first makes contact with our cells) also has 10 mutations, which is far greater than just two for the rapidly spreading Delta variant. The high level of mutation means that Omicron likely came from a single patient who could not clear the virus, giving it the chance to genetically evolve (a similar hypothesis was proposed for the Alpha strain).
Meanwhile, the first South African physician to raise the alarm over Omicron has called its symptoms unusual but mild. For example, none of her patients experienced a loss of taste or smell, considered as hallmarks of the disease, but rather showed up with body aches and "feeling so tired," according to Dr. Angelique Coetzee. Other South African scientists and health officials have also said there were no signs so far that Omicron led to more serious illness.
Go deeper: Americans need to be prepared to do "anything and everything" to fight the Omicron variant, White House chief medical advisor Dr. Anthony Fauci said Sunday, adding that it's still "too early to say" whether lockdowns or new mandates will be appropriate. More definitive information would become available in about two weeks, though it is important to take note that other "variants of concern" - like South Africa's Beta and Brazil's Gamma - did not take off around the world as initially feared. "There are lots of unknowns," added Sharon Pea****, director of the COVID-19 Genomics U.K. Consortium. "It's so important to stress how much we don't know at the moment about this new variant."
The news so far says new variant is mild in terms of illness impact... let's hope it remains this way. My worry is if you find a new variant with more mutations, what incentive do you have to declare it quickly? From what has happened to SA, eg restrictions etc, you get flight banned immediately...
ftse futures ++1.30%.....bounce......
copper 9555
tin 39k
gold 1795