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INDIA COVID APOCALYPSE

Politics / Coronavirus 2021 May 01, 2021 - 11:20 AM GMT

By: N_Walayat

Politics

There is no point focusing on India's official covid stats of cases and deaths per day as they under report the extent of the covid apocalypse by several orders of magnitude form at least X2 to as much as X10 i.e. it is highly probable that as many as 25,000 people are dying per DAY! Courtesy of super spreader events such as the Hindu Kum Mala festival and mass election gatherings both of which STILL CONTINUE despite the apocalypse. This illustrates what happens when morons are in charge of the government, which Brit's and Americans will know too well, given the catastrophic early response to the virus during 2020. Though India did have the benefit of hindsight, for they dodged a bullet during 2020, so had TIME, nearly a whole YEAR to prepare themselves for probable second and third waves, instead the Indian government did NOTHING, hence the catastrophe that looks set to continue to worsen for several more weeks. Which means India's actual death toll could easily exceed 1 million and maybe 2 million.


Meanwhile the US is stating that they will get around to sometime soon releasing some of the 60 million stockpile of Astrazeneca vaccines that the US has no intentions of ever using. Which illustrates that we are NOT all in it together regardless of the crap that spews from the mouths of politicians, including Biden. Reality is that It's every nation for itself! Anyway any vaccines sent today would be too late given that it takes time to jab arms and then another good 12 days before the vaccine starts offering any protection so the next 2-3 weeks are going to see India's covid disaster compound due to a collapse in India's healthcare system..

Current state of the pandemic sees the UK and US trundling along at low levels whilst Europe remains high due to incompetence in the roll out of vaccinations. Meanwhile Brazil has finally started to turn the tide. Though all are awaiting the consequences of new emerging strains out of India that apparently have double the mutations of the Brazil and South African strains. Still so far for the UK and US it's steady as you go with the US moving ahead of the UK out of lockdown's even though the death rate looks a little higher than it should be given that over 50% of adults have now been vaccinated in the US. Whilst the UK is adopting a more cautious approach out of lockdown with the next major relaxation in rules to come on the 17th of May, thus allowing more time for vaccinations.

Meanwhile apparently people can still book direct flights from India to the US, which is like asking for a fourth wave in the US.

Vaccines

Remember all that noise the EU was making about the risk of blood clots from Astrazeneca? Where the risk resolves to about a 1 in 1/2 million chance of such an adverse reaction. Well apparently the Pfizer vaccine is also seeing serious adverse side effects as data out of Israel shows out of 5 million vaccinations given there were a reported 62 cases of myocarditis resulting in 2 deaths. Those at highest risk are Men under 30 taking their second shot (1 in 10,000 risk). So expect such numbers from other nations heavily reliant on Pfizer jabs such as the US and Europe as they extend vaccinations to the under 30's. The irony is that the risk of heart issues form the Pfizer jab is about 5 times higher than that of blood clots from Astrazeneca!

This implies Under 30's should choose their vaccines carefully, young women should opt for Pfizer and young Men opt for Astra Zeneca or J&J. This just throws more egg on the EU's face who are busy putting up a smoke screen by suing Astrazeneca to hide their own criminal negligence in the handling of the Pandemic. Anyway this just goes to confirm that UK leaving the EU was the RIGHT THING TO DO!

The rest of this extensive analysis : LEARN TO INVEST - When to Buy and Sell AI Tech Stocks Such as GOOGLE has first been made available to Patrons who support my work.

Topics covered Include:

  • Stock Market Correction Time Window
  • INDIA APOCALYPSE
  • FREE ACCESS TO MY PATREON CONTENT FOR SEVERAL YEARS!
  • GOOGLE Numero Uno
  • Why I Don't Even think about Selling Stocks such as Google
  • Google Opportunities in Stock Price Volatility
  • What Happens When One Sells Stocks One Wants to Remain Invested in for the Long-run?
  • RISK Of LOSS
  • How long to Invest For?
  • UNDERSTAND THE AI MEGA-TREND
  • Investing in Chinese Stocks - Baidu, Tencent etc.
  • INVESTING IN GOOGLE
  • BITE THE BULLET
  • The Inflation Mega-trend
  • Why Buying the Dip Can be More Dangerous than Buying the High

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

How to Get FREE Access to My Patreon Content for the Next 5 Years!

The crypto mania is continuing to offer a short window of opportunity for likely only a few more months as Bitcoin continues to trade well above $50,000 which means virtually anyone with a decent GPU in their desktop PC can make easy money crypto mining in the background, and here's how my desktop PC is actually earning a net $6.50 per day crypto mining in the background, which within 3 weeks earned $136 net of UK electricity costs that resolves to $200 per month, more than enough to cover 5 years of Patreon fees at $3 per month ($180)!

Check out my video if you want FREE money, and yes my eyes rolled when I wrote that, sounds too good to be true. Though I do cover the risks in the video such as that the Bitcoin price WILL CRASH, and mining profits are GPU dependant. Nevertheless crypto mining in the background with Nicehash is generating $6.5 profit per day for me, so do look into crypto mining with your desktop PC whilst it lasts (referral link).

Mining Bitcoin On My Desktop PC For 3 Weeks - How Much Crypto Profit Using RTX 3080 on NiceHash

Video Contents:

00:20 Mining with NiceHash Intro
01:20 Limit GPU System Power Draw
02:58 3 Weeks Mining Earnings
03:38 Calculating Profitability
07:24 GPU settings for Mining in the background
08:46 Which GPU's are profitable
10:03 How long to crypto mine for
11:04 What to do with your bitcoin earnings
12.30 Spend Your Bitcoin when Price is High
13.30 Bitcoin Price Could CRASH
14:45 Mine whilst profitable to do so
16:33 What to do if Bitcoin Crashes

The bottom line is that the current free easy money crypto mining environment is time limited, how long will it persist for? Whilst I will do an analysis on the future prospects for the Bitcoin price in forthcoming piece. However, I don't see this crypto mania party extending much beyond 3 more months, especially as a major change is coming to Ethereum called EIP 1559 which will effectively halve the reward for miners. Note mining with NiceHash is actually done in Ethereum but the payout is in Bitcoin, more reason not to waste this time limited opportunity.

My analysis schedule includes:

  • More High Risk Tech Stocks
  • Bitcoin Price Trend Forecast
  • AI Stocks Buying Levels Update
  • UK House Prices Trend Analysis
  • How to Get Rich!
  • Learn How to Invest and Trade Reference Article
  • US Dollar and British Pound analysis
  • Gold and SIlver Price Analysis

So again for immediate access to all my work do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your analyst locked an loaded for the next AI stocks discount sale that should soon start to materialise as per my forecast of 11th Feb..

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2021 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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