😉

Talking of food shortages and panic buying, our local supermarket has just run out of lettuce but that's probably just the tip of the iceberg.....

I'll get my coat😂

And then there are people like me who enjoy panic buying because it’s a laugh.

 Strange sense of humour , panic buy if you must but i fail to see it as funny whatever way you look at it.

Don't! Do another one. Keeps the spirits up in this armageddon moment, where toilet roll is more important than apples. 

Bring back the Ration book that will sort it god knows what modern folk would have done in ww2

complete nonsense.

Fresh food is being affected too- chickens are apparently flying off the shelves.

Therefore the supermarkets need to put restrictions on how much of certain items any one customer can buy so there is some for everyone either that or keep it in stock and only put so much out at once.

I that their highest daily increase.

Yes , interestingly Germany now has 670 cases but no deaths. USA 256 cases 14 deaths. The real case number in America must be massive. Trump and Pence could well t##t it up so much that they give Biden/Bernie the Presidency .

Oil in bear market bought some today 1000L at 45p a litre including vat, funny how this slumping oil price is never passed on at the petroleum pumps strange that,

• Oil prices sank to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday.


• U.S. West Texas Intermediate crude fell nearly 9% at the session low, while international benchmark Brent crude dropped more than 9% at its low. Each contract shed more than $4.00 at the session low.


• The current production cuts will be in place until the end of March as planned, but it’s uncertain if they will extend beyond this month.

pasta la vista baby! muchachos - sin pantano, sin pasta, sin abrazar mamas curvilíneas!

So as we head into evening terrible day Ftse 100 -3.6% 6462 (four year low)

Asian overnight generally around -2% including Aussie.

Dow Transport generally now into Bear

Dow Currently around 25,500 but so erratic and very nervous during this period.

Gold the safe haven shines almost 1.68 +.7% amazing year for gold year on year around  +30%

Comment agent 2002 It’s been a long week ,This tension is likely to remain front and centre until we get some evidence that the virus can be contained.”

It cannot be contained until there is a widely available vaccine - that is 18 months away at least.

Channel-4 News tonight:

"‘This is the most frightening disease I’ve ever encountered’ – virus expert Dr Richard Hatchett"

https://twitter.com/Channel4News/status/1236015380969263105?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Expert analysis on The Times:

https://www.thetimes.co.uk/edition/news/coronavirus-will-peak-at-easter-but-it-could-be-back-in-november-qjqjmn307

"...

Professor Piot is now director of the London School of Hygiene and Tropical Medicine

...

So what does he make of the coronavirus? “I’m often asked whether the threat is being overhyped. The answer, to me, is no,” he says in Flemish-accented English. “This is the real thing.” He expects to see a big increase in British diagnoses, for two reasons: the virus is now being transmitted in the community and testing is being ramped up.

Cases appear to roughly double each week. “We can safely say there are already a few thousand people infected in the UK.”

...

Yet the crisis is still cresting. “I think we will go to the peak of the epidemic somewhere around Easter,” Professor Piot says. Measures such as banning large public events or closing schools might delay but won’t stop it. “We have no vaccine. All we have is medieval ways of containment: isolation, quarantine, contact tracing. But it’s really important not to give up and say, ‘Let everybody get infected and get it over with.’ That would lead to massive demand on the NHS. And let’s not forget that older people and people with chronic conditions are quite vulnerable — we need to protect them.”

..."

Time to batten down the hatches.

Yep I saw those MM investors remain gripped with a near unshakeable panic, the week’s various central bank rate cuts only serving to reinforce the seriousness of the situation.” Which imo was a little soon but We will see the light in the end.

quote=Maunder Minimum;1185710]

It cannot be contained until there is a widely available vaccine - that is 18 months away at least.

Channel-4 News tonight:

"‘This is the most frightening disease I’ve ever encountered’ – virus expert Dr Richard Hatchett"

https://twitter.com/Channel4News/status/1236015380969263105?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Expert analysis on The Times:

https://www.thetimes.co.uk/edition/news/coronavirus-will-peak-at-easter-but-it-could-be-back-in-november-qjqjmn307

"...

Professor Piot is now director of the London School of Hygiene and Tropical Medicine

...

So what does he make of the coronavirus? “I’m often asked whether the threat is being overhyped. The answer, to me, is no,” he says in Flemish-accented English. “This is the real thing.” He expects to see a big increase in British diagnoses, for two reasons: the virus is now being transmitted in the community and testing is being ramped up.

Cases appear to roughly double each week. “We can safely say there are already a few thousand people infected in the UK.”

...

Yet the crisis is still cresting. “I think we will go to the peak of the epidemic somewhere around Easter,” Professor Piot says. Measures such as banning large public events or closing schools might delay but won’t stop it. “We have no vaccine. All we have is medieval ways of containment: isolation, quarantine, contact tracing. But it’s really important not to give up and say, ‘Let everybody get infected and get it over with.’ That would lead to massive demand on the NHS. And let’s not forget that older people and people with chronic conditions are quite vulnerable — we need to protect them.”

..."

Time to batten down the hatches.