The price of oil has crashed this week and fell so low that the futures price for WTI went negative! I see this as a sign of a demand collapse and deflation for the moment in the economy, but beyond the markets and the US economy there are also geopolitical implications in the price drop. In this podcast I talked with J.P. Sottile of newsvandal.com as he just put out a very interesting post on this very topic you can find here:

https://newsvandal.com/2020/04/is-oil-kicking-the-bucket/

Is oil kicking the bucket? Can Saudi oil princes survive now?

In this podcast I talked with David Skarica of addictedtoprofits.net. Friday has come early this week for gold bugs as gold jumped up this morning again following the drop in oil this week that took futures for WTI to the negative in a move never seen before. This is a sign of deflation, but deflation is not causing gold to drop, but instead is helping it to go up. Mining companies are now going to see their costs go down while their revenue goes up thanks to rising metals prices. This is helping the mining stocks and GDX ETF. However, JNUG is an ETF malfunctioning now along with the USO oil ETF.

David Skarica has been on top of these trends and today has been a day for gold traders to indeed celebrate. I suspect more days like this are to come.

This was originally posted on Youtube here:

https://youtu.be/DRnxC92KFWo

Stock market traders always buy over the horizon, but we are living now in a more uncertain world. In this podcast I spoke with Larry Hancock who just released a new book titled In Denial: Secrets Wars With Air Strikes And Tanks.

Larry's book is a great read and reveals the history of secret warfare since the 1950's. The US engaged in famous secret wars such as in Cuba, Laos, and in the Congo in the 1970's and the 1980's. Most of these operations were failures and Larry reveals the big problems they had. Despite that secret operations are now coming into vogue in use by not just the United States, but now by Russia, China, and Iran.

Larry's book rips the cover off this secret world and is a must read. You can grab it now at Amazon right here:

https://www.amazon.com/Denial-Secret-Wars-Strikes-Tanks/dp/1734139331

In this podcast I talked with Carmine Savastano about the coronavirus and how foreign propaganda is spreading. He did an article on that posted on TPAAK.COM you can find here:

https://www.tpaak.com/tpaak-blog/2020/3/24/the-nations-that-cried-disinformation

In my intro I referred to an article posted on Yahoo Finance titled Fed Is Seizing Control Of The Entire US Bond Market you can find here:

https://finance.yahoo.com/news/fed-seizing-control-entire-u-144633849.html

To grab Carmine's new book Human Time Bomb: The Violence Within Our Nature go here:

https://www.amazon.com/gp/product/1734139315

The S&P 500 stock market fell over 30% off of its peak and is now having a rally. Many people believe this rally is the start of a new bull market. I am highly skeptical even if that is a popular notion with the public now and even some commentators on CNBC. However, the action isn't exactly like what happened when the markets peaked in 2000 and 2007 either. I talked about what is going on with Ike Iossif of marketviews.tv in this podcast.

I talked with David Skarica of addictedtoprofits.net in this podcast about trading opportunities in this wild stock market. We are getting a big rally, but the market is still way below its 200-day moving average. What types of trades is Skarica doing now in this different market environment?

Also DUST ETF malfunctioning again this week. Gold still looks good. And how will bailouts work on airlines stocks?

The coronavirus has put the country and the world into something like a war situation. Tanks are not invading the country and bombers aren't dropping bombs, but the fallout of the virus is causing so much damage it is as if bombs were dropping on schools and businesses by shutting them down. It made me think today of the old Star Trek episode a Taste of Armageddon - in which a virtual war devastates just as much as real ones do. The stock market is not correcting in a bull market, but instead is falling as companies face real devastation and the bond market implodes.

In this podcast I talked with Carmine Savastano, author of the book Human Time Bomb: The Violence Within Our Nature about the situation.

Carmine sees a big problem with the spread of disinformation and propaganda that needs to be addressed.

References:
Federal government response plan to the virus dated March 13:

https://int.nyt.com/data/documenthelper/6819-covid-19-response-plan/d367f758bec47cad361f/optimized/full.pdf?fbclid=IwAR3-hA7BQhCfJL_4VaRVFF0dGCZLYazWuS6F0ZvEqASsmIUqKAgbxHh18bg#page=1

“Inside The Military’s Top Secret Plans If Coronavirus Cripples The Government” - Newsweek:

https://www.newsweek.com/exclusive-inside-militarys-top-secret-plans-if-coronavirus-cripples-government-1492878

Operation InfeKtion: How Russia Perfected the Art of War:

https://www.youtube.com/watch?v=tR_6dibpDfo

Carmine's book Human Time Bomb:

https://www.amazon.com/gp/product/1734139315

Tonight I talked with Carmine Savastano, the author of the new book Human Time Bomb: The Violence Within Our Nature about the current moment we are in as the nation begins to respond to the threat of the cornavirus and the financial markets open tomorrow after Sunday's emergency Federal Reserve measures. Crowds move from denial to fear to action. We are seeing that in the past few days with buying panics as a fear response to the cornavirus while selling panics have been hitting the markets.

To grab Carmine's book go here:

https://www.amazon.com/gp/product/1734139315

I spoke with Ike Iossif of marketviews.tv to get his take on the wild action we have seen in the stock market the past few weeks. What does Ike think is going to happen next?

I wanted to also get his take on the global affliction as Ike lives in Greece right next to Italy so he can give a bit of perspective on what is coming.

Ike recommended this article:

Tyler Cowen: The U.S. economy is now in uncharted waters

https://dentonrc.com/opinion/tyler-cowen-the-u-s-economy-is-now-in-uncharted/article_93c0e543-b6e2-5b63-bf76-5db32b30f130.html

The cornavirus has spread into the United States. How dangerous is it really? What can we do about it? It is certainly bringing fear and activating the disgust mechanism in people so well described by Carmine Savastano in his new book Human Time Bomb: The Violence Within Our Nature. Carmine and I have a discussion about the virus and where things may be heading with it.

To grab Carmine's new book Human Time Bomb go here:

https://www.amazon.com/gp/product/1734139315


Some stories referenced:

https://wtop.com/business-finance/2020/03/amtrak-suspends-nonstop-dc-nyc-acela-service-as-virus-fears-cut-demand/

https://www.statnews.com/2020/02/04/two-scenarios-if-new-coronavirus-isnt-contained/

https://www.cnn.com/2020/03/06/health/coronavirus-older-people-social-distancing/index.html

https://en.wikipedia.org/wiki/2017%E2%80%9318_United_States_flu_season

https://en.wikipedia.org/wiki/Spanish_flu