Keep your distance

[Bill Bonner’s Diary]( Keep Your Distance By Bill Bonner, Chairman, Bonner & Partners Everybody knows that pestilences have a way of recurring in the world, yet somehow we find it hard to believe in ones that crash down on our heads from a blue sky. There have been as many plagues as wars in history, yet always plagues and wars take people equally by surprise. – From La Peste by Albert Camus [Bill Bonner] SALTA, ARGENTINA – How quickly the sun sets. It was just a few weeks ago that we were enjoying the bright light of a benevolent world. Federal Reserve chief Jay Powell told the world that the U.S. economy was “in a good place.” Donald Trump told us that the economy had never been better. And look at it now. Over the past few days, the stock market crashed as bad as it did in 1929. And serious epidemiologists are projecting more deaths from the C virus than WWII and the Civil War put together. Recommended Link [Sell Stocks – Buy Crypto?]( [image]( In roughly 50 days, a 100% guaranteed event will strike the crypto market. The last time it happened (in 2016), a handful of tiny cryptos could’ve turned $500 in each into over $5 million. Teeka Tiwari says he’s found the next 5 Coins to $5 Million. On Wednesday, March 18, at 8:00 PM ET, he’s revealing details on their names. [You can attend for FREE – If you click here and RSVP today]( -- Some Relief The virus can’t be stopped. But it can be slowed. That gives doctors and nurses time to prepare… and treat new cases effectively as they occur. “Distance yourselves…” is the advice coming from doctors. Stay at home. Avoid crowds. Don’t travel. And keep at least six feet between you and anyone who might be infected. Only 1 to 4% of those who get the ailment die; usually the oldest ones. So about 96% of people should be relieved if we get sick; statistically, we’ll fill the death quota. [Amazing 17-second Video Reveals Key to Tech Fortune…]( Meanwhile, the markets sold off immediately after Donald Trump’s speech on Wednesday night. By Thursday morning, the Dow was down 1,000, By midday, it was down 2,000. Gradually, two things are becoming clear: - The C virus is a killer. Between 1 million and 18 million will probably die worldwide, say the epidemiologists. The wide difference, they say, depends on how effective the authorities are at slowing it down. - The economy’s immune system has been compromised by fake money and fake credit. The only way to keep this scam going is to give it massive doses of more fake money and fake credit. Yes, Dear Reader, the economic disaster can’t be stopped, either. But it can be stretched out… disguised… delayed… denied… and ultimately made worse. Inflate AND Die. Recommended Link [All this Hype about 5G is Pointless. Here’s Why]( [image]( By now you’ve heard big promises about 5G. 5G will make you rich… 5G will change your life… 5G will usher in the new Industrial Revolution. You’ve seen the Super Bowl commercials. And every one touting the next big 5G stock. But here’s the hard truth the pundits will never say… All the hype about 5G is useless. Without the technology of [this one tiny company]( there will be no 5G rollout across America. That’s why Facebook, Lockheed Martin, L3, Sprint, T-Mobile, China Satcom, and dozens of networks are banging on this company’s door. And for the first time, this tiny $8 company is about to roll out this long-awaited technology. To be one of the first to get in on this big stock market opportunity… [Check out this research briefing now]( -- Too Little, Too Late? The European Central Bank fell short yesterday. It promised “stimulus.” But it failed to deliver enough to offset the downdraft caused by oil and bugs. Bloomberg: Investors dumped Europe’s bonds and stocks after Christine Lagarde did little to show that the region’s central bank can stop economies from sliding into recession. European stocks tumbled the most on record… and the euro headed for its worst three-day drop since 2016. Then, in the U.S., the same story. [New 5G Device Revealed to Public for First Time]( We watched the tape as it suddenly reversed around 1 p.m. yesterday… erasing about 1,000 points of the loss in a 20-minute period. “What’s going on?” we wondered. Then, we saw the news. The Fed was juicing the market. Yahoo Finance: The Federal Reserve has launched an over $1 trillion liquidity operation to support money markets amid the new coronavirus outbreak, and is now one step closer to resuming its crisis-era policy of purchasing assets in a process called quantitative easing. The liquidity is being offered through temporary repurchase agreement operations based out of the Federal Reserve Bank of New York. But after a few minutes, investors had a chance to reconsider. Too little, too late? The wrong thing at the wrong time? More claptrap stimulus? The sell-off resumed. CNBC: Stocks plunged again Thursday even after the Federal Reserve announced extraordinary funding actions of more than $1 trillion to ease strained capital markets in the wake of the coronavirus sell-off. By the close of business, the Dow was down nearly 10% for the day, the worst daily loss since 1987. Recommended Link [Bill O’Reilly’s Back! (But Who’s His Co-Host?!)]( [image]( You’ll be SHOCKED when you see the guy Bill O’Reilly handpicked to co-host his new show! [Find out here]( -- Our Advice Our advice to investors is the same as our health advice: Distance yourself. Dear Readers are probably already comfortably out of stocks. But now the crisis is entering a new phase… with a new danger. The first stage of a major debt crisis is deflationary. Prices fall. Companies go broke. People get laid off. Investors typically rush to the safety of U.S. Treasury bonds. T-Bond prices go up, even as prices for corporate and “junk” bonds go down. But then comes stage two: inflation. Now the feds are pumping in new money on a whole ‘nuther scale. And that’s when the T-bonds go down. Why? Because the only way the feds can fight the downturn is by issuing more fake money. More bonds. More quantitative easing (QE). More dollars. More stimulus. More deficits. More Repo Madness. Sooner or later, all this new, fake money drives down the value of money itself… …and T-bonds, calibrated in dollars, go down too. More on Monday… Regards, [signature] Bill Like what you’re reading? Send your thoughts to feedback@bonnerandpartners.com. MARKET INSIGHT: HIGHER GOLD PRICES AHEAD Maria’s Note: If you’ve been watching the gold price over the past few days, you may be wondering why it’s getting beat down along with stocks. Below, some perspective from former hedge fund manager Teeka Tiwari… --------------------------------------------------------------- By Teeka Tiwari, editor, Palm Beach Daily [Teeka Tiwari] You might be wondering why gold hasn’t boomed much higher. I’m very bullish on gold. In my opinion, gold prices will double over the next few years. You can’t have [negative real rates]( and not have gold go up. But what I learned from 2008 is that, in a crisis, everyone flocks to the most liquid, least-hated asset. In this case, that’s the U.S. Treasury market. That’s why yields have dropped as much as they have on 10-year bonds (below 1% for the first time ever). That’s always Phase 1. In Phase 2, we see a massive policy response from the government and the Fed. And that’s when we see gold prices boom. So if we look at 2008, gold prices dropped as much as 10%. And Treasury prices – as measured by the iShares 20+ Year Treasury Bond ETF (TLT) – rallied 31%. Yet by November 2008, people realized we were going to see massive money printing. And gold started an epic run from a low of $682 in 2008 to a high of $1,921 in 2011. So don’t sweat gold. It’s my belief investors will make a lot of money in gold. – Teeka Tiwari P.S. [On Wednesday, March 18, I’m hosting a free educational event… and I want you to join me.]( I’ll lay out all the facts on two forces coming together in the cryptocurrency markets that can take a handful of $500 investments and turn them into as much as $5 million. I know that sounds outrageous – which is why I had to go to extreme lengths for you to take me seriously… I chartered a jet and brought a film crew with me, just so I could prove to you that what’s about to happen could change your life forever. [So come join me on March 18…]( And see for yourself how a few hundred dollars in the right names could give you a level of wealth you could never attain from your job or the stock market. FEATURED READS [Bill and Melinda Gates Foundation Creates COVID-19 Therapeutics Accelerator]( & Partners tech expert Jeff Brown says there is reason to be optimistic in the fight against coronavirus (COVID-19). The Bill and Melinda Gates Foundation is partnering with two other companies to create a biotech incubator to speed up treatment development… [The Best Thing Investors Can Do Now Is Sit Still]( Street insider Teeka Tiwari discusses the importance of long-term investing and how it can protect your wealth. And he echoes Bill and Tom’s recommendations for the current stock market: Sit still… MAILBAG Today, Dear Readers focus again on Trump and Bill’s take on his presidency following Wednesday’s Diary “[A Big One-Two Punch]( while another Dear Reader calls out famed value investor Warren Buffett for not seeing the economy’s “red flags”… Bill, why do you have to be so vocal on your hatred for our president? You offer some interesting points but you have so “poisoned the well” with your negative thoughts of Trump that much of what you say is compromised by your nastiness. Hey, how about a little more objective analysis and maybe your readers can put more credence into your thoughts. – Melvin L. Trump is the most apolitical president I have seen in my lifetime and I’m 77 years old. He has the future of our country in his thoughts. No president in my life had to face such headwinds, media lies, and distrust caused by TV and print media. He will get this fixed, it will just take longer because he has no help! – Don H. Never miss reading one of your posts because you are one of a few that tell it like it is, no holds barred. I am really amazed at Warren Buffett (damndest thing he had ever seen). What amazes me is he didn’t see this coming. All sorts of flags went up last year. Yes, Warren, is a very good stock picker and does his homework. But when the market goes down so does Berkshire Hathaway. For some reason people seem to forget that. – Frank G. Have Bill’s comments about President Trump “poisoned” his writing, as Melvin says? Should Warren Buffett have seen this stock market volatility coming, like Frank alludes? Write us at feedback@bonnerandpartners.com. IN CASE YOU MISSED IT… [5G’s Secret Engine Revealed in 2020]( 5G stocks have historically seen extraordinary gains. As high as 11,567% and 9,050%… Now, Apple is entering the market. The tech giant is expected to release its first 5G-enabled iPhone on or around Sept. 22. And every one of them has a critical device inside. One company that makes this device could see its stock soar. [In fact, one expert believes it could be the No. 1 Tech Stock of 2020.]( [image]( [Bonner and Partners]( Bonner & Partners 55 NE 5th Avenue, Delray Beach, FL 33483 [www.bonnerandpartners.com]( [Share]( [FACEBOOK]( [Tweet]( [TWITTER]( This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. To stop receiving these emails, click [here](. Bonner & Partners welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@bonnerandpartners.com). © 2020 Bonner & Partners, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Bonner & Partners. 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