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THIS WEEK’S EDITORIAL
THE COVID VACCINES MAY NOT BE SAFE OR EFFECTIVE: The current dominant narrative that “the vaccines will save us … and the economy will therefore recover” is an assumption. If it is true, then the economic future may well be bright. But if it is false, then the economic future will have to be re-assessed. False assumptions result in false conclusions.
BOOM has been a fan of Gail Tverberg and her Blog “Our Finite World” for many years. She has a strong following because she consistently writes excellent articles on economics and energy. But this week she has produced a review of the so-called Covid “vaccines”. Her article is called “Covid Vaccines Don’t Really Work as Hoped”. It is one of her finest efforts.
These injectables are much loved by politicians even though they are clearly far from ideal products. Along with the mainstream media, they continue to promote them ceaselessly by repeatedly calling them “safe and effective”. This statement is never qualified which implies that the products are 100 % safe and 100 % effective.
However, many experts believe them to be far from safe and not very effective. In the clinical trials conducted in late 2020, for example, they produced absolute risk reductions of only 0.84 % – 1.3%. That means that they are hardly worth considering as society-wide preventive strategies against Covid 19. Relative risk reductions are used (frequently) to describe their effectiveness as “95%” but this is a mis-leading and fraudulent statement.
The truth concerning Covid vaccine effectiveness is being revealed in Israel, the most fully vaccinated nation of size. A BOOM correspondent described the situation beautifully — “the wheels are coming off in Israel, the most vaccinated country on Earth”. He was referring to a statement by Dr Kobi Haviv, the director of the Herzog Hospital in Jerusalem. Herzog is the third largest hospital in the city. It specializes in care for the elderly. Dr Haviv stated that:
“95% of the severe patients are vaccinated; 85-90% of the hospitalizations are in Fully vaccinated people. We are opening more and more COVID wards. The effectiveness of the vaccine is waning/fading out”
His statement deals with the lack of effectiveness that is becoming rapidly apparent in his hospital after only 6 months in a nation where the majority of adults have been vaccinated with the Pfizer jab. In fact, in the general Israeli community, government stats reveal that 80 – 90 % of new Covid cases have also been fully vaccinated.
He did not comment on the lack of safety which is revealed in the Adverse Events Reports coming in to official government statistics from the US, Europe and the UK. As of July 21st, the Total Deaths following Vaccination reported by families in those regions amount to 34,052.; total Vaccine Injuries Reported amount to almost 5.5 Million.
According to many studies, these numbers generated by self-reporting systems probably represent somewhere between 1 – 10 % of the actual total. So we could be looking at 340,000 deaths or, worst case, perhaps 3.4 Million deaths. The worst case scenario for injuries could be 500 Million. These are staggering numbers to contemplate, especially if these products are not as effective as promoted.
If the vaccines are not effective after just 6 months and if their adverse event rate is being under-reported, then we have a twofold problem, both of which will make the economic future worse, not better. We could well be faced with more resistant variants of the virus combined with a large number of citizens incapacitated by death and chronic illness.
If, as some say, both the virus and the vaccines are effectively Bio-weapons delivering pathogenic Spike Proteins and Spike Protein fragments, then they are certainly the most effective Bio-weapons imaginable with the potential of damaging economies on a grand scale, not just once but permanently.
The result could be a Tsunami of death and disease overwhelming hospitals and their medical staff simultaneously. The military forces could also become incapacitated and unable to effectively defend their respective nations. So the possibility of the vaccines not being safe and not being effective must be seriously considered. Read Gail’s article — here is the Link:
https://ourfiniteworld.com/2021/08/05/covid-19-vaccines-dont-really-work-as-hoped/
SWEDISH ECONOMY ROBUST: Ever since the Covid 19 phenomenon began, one nation has chosen common sense as the best policy setting. That nation is Sweden. They have not had strict lockdowns, mandated masks or rigid social distancing. They have tried to get on with life using the best judgement of their people. This is the opposite approach taken by many other advanced economies where Totalitarian “solutions” have been adopted.
So what has happened to the Swedish economy? Measured in GDP numbers, it has barely been affected over the time period. The moderate economic recession of 2020 has been completely reversed in 2021. In fact, its economy has now resumed economic growth. The economy is now bigger than its pre-pandemic size.
Its annual CPI inflation rate is low, around 1.3 %. However, its unemployment rate is around 10 %. The good news is that business confidence is surging higher to record levels and consumer confidence is strong. Its stock market is roaring higher. And what about the “horrible pandemic”; the “killer virus”; the “delta strain”? The Daily Death rate attributed to Covid is now close to Zero.
GOLD AND SILVER UNDER PRESSURE: On Friday, the US Dollar prices of Gold and Silver got hammered. Gold dropped 2.5 % on the day and Silver dropped 3.35 %. Over the last 12 months, Gold is clearly in a downtrend channel and Silver is trapped in a trading range with recent weakness suggesting the beginning of a downtrend. Platinum has been falling since March and fell ominously by 7.7 % on Friday.
It seems that investors cannot find any strong reason to buy these precious metals in present circumstances. Asset Price inflation is probably the strongest deterrent. Real estate and stocks are the place to be. Even Bonds are doing well lately, rising steadily in price since March.
Over the last 12 months the US Dollar index has effectively traded in a sideways range. So the weakness in precious metals prices cannot be explained by a stronger Dollar.
In economics things work until they don’t. Until next week -Make your own conclusions, do your own research. BOOM does not offer investment advice.
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Peter,
On the PM front the vid is short and I believe accurate:
He explains what many of us know and have long discussed here…in September 2019 the Central Bankster REPO MARKET stated collapsing…and the Covid Hoax cover story (that was waiting in the wings) was rolled out internationally.
The lockdowns and the massive fiat printing was desperately needed for the Globalists Banksters to avoid blame for crashing the world economy…as well as use Covid to help steal the election…and so far it has worked…as Joe Sixpack and Jane Amazon mostly remain clueless on one of the most evil cabals in the world led by the FED.
Egon Von Greyerz goes into detail on why sooner rather than later Gold and Silver MONEY will reach 3 to four times their current value to keep pace with the current rolling hyperinflation of the world’s fiat CURRENCY that is a snowball coming down the economic mountain.
Gold And Silver Warning 🚨: What Is About To Happen To Gold And Silver – Egon Von Greyerz
16,363 views
Aug 7, 2021
8 Minutes 52 Seconds
https://www.youtube.com/watch?v=rDatxyTkkRs
Thanks Mark. He is saying exactly what I have suspected all along. It’s a finance thing and the global system is coming to a crisis. This is what my book is all about. The timing is difficult but he says 6-8 months – I am not sure but it’s coming, no doubt, as a major reset is due. The digital currency will be a massive part of it but you can be sure that Gerry will be on to it as it develops – gold will be our watchman. I am sure he is right about silver – too volatile. Stay away from the markets – stay with gold – it has never failed in 5,000 years!
Peter,
Another Market/Economic expert I follow daily…and others here have occasionally posted… He puts out two vids a day about 15 minutes long that are Market/Fed focused – Greg Mannarino.
He is called the Robin Hood of Wall Street…and it is a well-earned nickname.
He has an amazing free website:
He nails the FED to the wall and has an indisputable Market accurate prediction track record for the six years I have been following him.
He uses four benchmarks for his FED controlled Stock Market predictions:
1. The 10 year yield
2. The life blood of the Military Industrial Complex…OIL
3. The Dollar
4. The FED Balance Sheet
He is a trader…I’m not at my age and stage (protecting principle/wealth)…but I agree with him on his Silver and Gold stands (I’m not a crypto guy).
I believe in both PMs…and I have taken a macro approach in both since the early 80’s.
Everyone with insight and knowledge knows what is coming…to me it is only the ‘when’ that is in question.
Here is his lasted 9 minute vid:
Absolutely right.
And as to this from the article:
The central banks do NOT want an economic recovery until they’re ready. I don’t think they’re ready.
Strong enough economic recovery would drive monetary velocity way up; and with the amount they’ve “printed” recently, you know what that would mean.
Headline on RT — “Lockdown is a new way of life: Many in UK see little value in freedom & public life – and that is a big problem ”
Wow,
OTOH, I see these huge protests in England. So, maybe the article is bullshit. So hard these days to know what is real vs fake news.
.
.
.
https://www.rt.com/op-ed/531621-lockdown-uk-value-freedom/
Many thanks for the link Stucky and I am in agreement with what he is saying. There has been a fundamental shift in the way people look at their lives, especially in Britain. The constant time-absorbing commute is a nightmare on our small, congested roads and crushed rail., not to mention the expense.
From what I can gather from talking to people here, there is no way that workers are going back to the office etc. – those days are gone; a new paradigm is in play and it gives the government a major problem. A revolt of the wage slaves is afoot and I will be monitoring how it all turns out as we move into autumn.
I just read last night that the Danes(?) are eliminating all Covid rules and restrictions starting October 1st.
“May not be”? Pfizer’s trial and the CDC have already confirmed that the vaccine doesn’t work, and the known statistics have proven that it kills or maims a large number of people…5500 dead in tiny Scotland, for example..
An interesting read:
Thanks a million for this very valuable insight, nkit. I have scheduled to include it in my Letter next week (21/08) as it is so important that it requires greater distribution IMHO.