THE CASINO ECONOMY — VACCINE WARNING FOR WOMEN — LIES AND STATISTICS — MERCK ABANDONS COVID VACCINES — JOURNALIST DOES RESEARCH — SOME VACCINES NOT EFFECTIVE — STOP VACCINE ABOVE 65 YEARS AGE — PROTEIN VACCINE RESULT — MUTATIONS GALORE —

BOOM as at 31st January 2021

THE CASINO ECONOMY

Since 12th January, we have witnessed events on the US stock market that can only be described as bizarre. Shares in the company Gamestop have risen from US $ 20 to a peak of $ 483. Without analysing all the reasons why, that is speculation gone mad – pure and simple. 

On the 3rd January, BOOM wrote —  “After all, not all citizens can stand around the roulette wheel all day, can they? Maybe an economy can become a casino but BOOM suspects that this can happen for only a relatively short period of time.” 

Welcome to the casino economy. From Wikipedia — “Money is exchanged for tokens in a casino at the casino cage, at the gaming tables, or at a cashier station. The tokens are interchangeable with money at the casino. Generally they have no value outside of the casino, but certain businesses (such as taxis or waiters—especially for tips) in gambling towns may honor them informally.”

Meanwhile, since August last year, safe haven investors are slowly but surely selling out of long US government Treasuries. As the prices fall, there is only one question left — are they heading to the casino or seeking more safety in cash? Some commentators on financial markets say there is smart money and dumb money involved. BOOM just follows the money trail.

MERCK ABANDONS COVID VACCINES

The giant pharmaceutical company known as MERCK in the USA and MSD (Merck, Sharpe and Dohme) elsewhere have reportedly announced that they are abandoning their Covid vaccine development program. It intends to focus on treatments of the disease. The MRK share price has fallen 5 % since the announcement.

BOOM can only suspect that the company cannot see any future in competing in the sector. If the smart and dumb analytical methodology is applied here, it looks like MERCK is a smart pharmaceutical company.

The Pasteur Institute in France has also abandoned its Covid Vaccine develoment program.

LIES AND STATISTICS

This report on the statistics surrounding the so-called Covid 19 “Pandemic” in the UK is essential reading.  Prepare to be shocked. Really shocked. There are lies, damned lies and statistics. But it is the lies that shock.

EXPERIMENTAL COVID VACCINES

If you are confused about the new Covid Vaccines and you want more information, here is a resource that is NOT produced by the mainstream media. It is a Whitepaper produced by a group of doctors in America and which focusses on the three leading vaccine candidates that are all based upon new technologies which use foreign genetic material — the Moderna vaccine, the Pfizer vaccine and the Astra Zeneca Oxford vaccine. 

Some of these new vaccine technologies have never been used on human beings previously so they are described as experimental. The paper does not deal with any of the other 170 vaccines under development around the globe — many of which use conventional protein technology which takes longer to bring to market compared to the wunderkind of new genetic material based vaccines.

The unelected mainstream media and their carefully selected “experts” who now run most western nations (they tell the politicians what to do) seem really keen for us to all be experimented upon. So BOOM is interested to read what others have to say outside the mainstream media. You can download the Whitepaper from the link as a PDF file if you wish.

https://stopmedicaldiscrimination.org/home#af86c044-aed2-496d-92bb-e1d76dca284e

JOURNALIST DOES RESEARCH

One mainstream journalist has finally done some research. BOOM knows that this is a rare event, even shocking but it appears to have happened. His name is Steve Hilton and he has investigated (partly) the “real” source of the Covid virus. If you are interested in researching this essential part of the puzzle, please take the time to watch his explanation. You will (probably) be very surprised. Or perhaps not. However, you will wonder why it has taken 12 months for this information to become public knowledge.

https://www.msn.com/en-us/news/world/steve-hilton-investigates-origins-of-covid-19-links-to-us-commissioned-research/vi-BB1d3uU5

And, just in case it is censored on other video platforms (likely) — here it is on Bitchute —

VACCINE WARNING FOR WOMEN

The World Health Organization has now warned pregnant women against having the Moderna vaccine (or presumably, any woman who may be at risk of pregnancy).

The WHO Strategic Advisory Group of Experts (SAGE) on Immunization issued a series of recommendations on the Moderna vaccine last Tuesday.

“While pregnancy puts women at a higher risk of severe COVID-19, the use of this vaccine in pregnant women is currently not recommended,” SAGE wrote.

The technology used in the Moderna vaccine is a messenger mRNA technology (based upon foreign genetic material).  This technology is also used in the Pfizer vaccine so BOOM awaits the WHO’s announcement of a possible similar warning on it. Then we can await the warning on the Astra Zeneca Oxford vaccine.

VACCINES MAYBE NOT EFFECTIVE

The first known U.S. cases of the South African COVID-19 variant was detected in South Carolina on Thursday. It seems to be partly resistant to current vaccines and maybe antibody treatments.

Moderna, the company, has now decided that their vaccine may not be so effective against the new mutated strains of SARS CoV2 virus. So it is developing another variant vaccine — presumably an “add-on” booster. Novavax also said it would immediately begin to develop another vaccine aimed specifically at the South African variant.

We were initially reassured by mainstream media “experts” and their politicians that the new vaccine technologies would be effective against all new strains of the virus. But that is clearly not the case.  Promises, promises.

STOP VACCINE ABOVE 65 YEARS AGE

And, just 2 days ago, Germany’s vaccine commission said the Astra Zeneca Oxford coronavirus vaccine should not be given to people older than 65 years. Interesting. This begs the next question — if anyone over 65 should not have the vaccine, do people below the age of 65 years require vaccination anyway? After all, their chance of death from the virus is very small indeed. This appears to be a major blow to the AstraZeneca Oxford vaccine which uses a monkey Adenovirus as a transport mechanism to infect the body and deliver foreign genetic material.

https://www.rt.com/news/513903-germany-rejects-astrazeneca-vaccine-over-65s/

PROTEIN VACCINE RESULT

In yet more vaccine news, the Novavax company released hopeful results from the clinical trial for its protein based vaccine (that does not use foreign genetic material). The results were pleasing but they are based upon only 65 trial participants from a trial population of 16,000 (0.38%).  The results focus on relative risk assessments within that 65 group. The size of the group does not inspire great confidence in the results from a statistical analysis viewpoint. However, many vaccine experts prefer conventional protein based vaccines to genetic material based vaccines so the trial results were welcomed on that basis.

https://ir.novavax.com/news-releases/news-release-details/novavax-covid-19-vaccine-demonstrates-893-efficacy-uk-phase-3

We must remember that all of these clinical trials are a long way from being completed. Approvals so far for the products are essentially for “emergency” use.  Final approvals from vaccine authorities are thought to be a long way away — possibly years.

WHERE IS THE MARKET

If it turns out that one single vaccine cannot cover all the many mutation variants, that young women must be excluded, that people over 65 years age can’t be vaccinated and if the below 65 age group does not really need protection, then where is the market for these new “miracle” vaccines? Governments will have spent Billions on a pipedream and when the truth emerges, the emporer will be seen as naked. Of course, the media will blame their politicians.

Will we soon see the share prices of Pfizer and Moderna plunge as reality takes hold?

Link:  https://globalnews.ca/news/7597336/covid-vaccine-merck-data/

MUTATIONS GALORE

BOOM has been watching the virus mutate steadily for 12 months now despite mainstream media and government statements saying the exact opposite. “It’s not mutating” they said.  But now they cannot deny that mutations are happening. The current official spin is that there are just two new “mutant strains” from the UK and South Africa. 

Meanwhile, the official site where all virus mutations are lodged as they are discovered, Nextstrain, shows clearly that we now have 12 clades of the virus circulating all over the planet. And that mutations have been occurring ever since Day One. It shows that the original version of the virus that erupted in Wuhan is being swamped by new mutations and new strains on a regular basis. This is exactly what many scientists have expected as the family of viruses known as Coronaviruses is very well known for being unstable and mutating rapidly.

BRITISH MEDICAL JOURNAL

Then there are two articles published in the British Medical Journal which are worthy of consideration. One deals with the claims of “95% vaccine effectiveness”. The other deals with clinical trial design.

Pfizer and Moderna’s “95% effective” vaccines—we need more details and the raw data
Will covid-19 vaccines save lives? Current trials aren’t designed to tell us

And …..

https://www.bmj.com/content/371/bmj.m4037

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.

CLICK HERE FOR PODCASTS:   OUR BRAVE NEW ECONOMIC WORLD

EMAIL: gerry {at} boomfinanceandeconomics.com

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HOW MOST MONEY IS CREATED

BANKS CREATE FRESH NEW MONEY OUT OF THIN AIR (but they always need a Borrower to do so)THERE IS NO SUCH THING AS A DEPOSIT
BANKS PURCHASE SECURITIES, THEY DON’T MAKE LOANS
BANKS DON’T TAKE DEPOSITS, THEY BORROW YOUR MONEY

Watch this short 15 minutes video and learn as Professor Richard Werner brilliantly explains how the banking system and financial sector really work. 

https://www.youtube.com/watch?v=EC0G7pY4wREhttp://
How is Most New Money Created ?

LOANS CREATE DEPOSITS — that is how almost all new money is created in the economy (by commercial banks making loans).

From the Bank of England Quarterly Bulletin Q1 2014    —
“Whenever a bank makes a loan, it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.

“Most money in the modern economy is in the form of bank deposits, which are created by commercial banks themselves”.

Youtube Video —  https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-in-the-modern-economy-an-introduction

and

https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy

Paper:  Money in the Modern Economy  PDF —  CLICK HERE

Quarterly Bulletins Index

http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/2014/qb14q1.aspx

Most economists are unaware of this and even ignore the banking & finance sectors in their econometric models.

On 25th April 2017, the central bank of Germany, the Bundesbank, released a statement on this matter —

“In terms of volume, the majority of the money supply is made up of book money, which is created through transactions between banks and domestic customers. Sight deposits are an example of book money: sight deposits are created when a bank settles transactions with a customer, ie it grants a credit, say, or purchases an asset and credits the corresponding amount to the customer’s bank account in return. This means that banks can create book money just by making an accounting entry: according to the Bundesbank’s economists, “this refutes a popular misconception that banks act simply as intermediaries at the time of lending – i.e. that banks can only grant credit using funds placed with them previously as deposits by other customers”. By the same token, excess central bank reserves are not a necessary precondition for a bank to grant credit (and thus create money).”

Reference: https://www.bundesbank.de/Redaktion/EN/Topics/2017/2017_04_25_how_money_is_created.html
The Reserve Bank of Australia (Australia’s central bank) has also contributed to the issue in a speech by Christopher Kent, the Assistant Governor on September 19th 2018.
“…… the vast bulk of broad money consists of bank deposits”
“Money can be created …….. when financial intermediaries make loans
“In the first instance, the process of money creation requires a willing borrower.” 
“It’s also worth emphasizing that the process of money creation is not the result of the actions of any single bank – rather, the banking system as a whole acts to create money.”

Disclaimer:   All content is presented for educational and/or entertainment purposes only. Under no circumstances should it be mistaken for professional investment advice, nor is it at all intended to be taken as such. The commentary and other contents simply reflect the opinion of the authors alone on the current and future status of the markets and various economies. It is subject to error and change without notice.The presence of a link to a website does not indicate approval or endorsement of that web site or any services, products, or opinions that may be offered by them.

Neither the information nor any opinion expressed constitutes a solicitation to buy or sell any securities nor investments. Do NOT ever purchase any security or investment without doing your own and sufficient research.  Neither BOOM Finance and Economics.com nor any of its principals or contributors are under any obligation to update or keep current the information contained herein. The principals and related parties may at times have positions in the securities or investments referred to and may make purchases or sales of these securities and investments while this site is live. The analysis contained is based on both technical and fundamental research.

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MOLS Denmark

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