I have been spot on. Hopefully you protected your money.I told you how commerce was essentially shutting down in China from coronavirus. I told you South Korea was going to get hit hard. I told you this week was key and Europe was next. The Middle East is essentially in pandemic.
Italy continues to see exponential growth in new cases. Today Austria, Croati, Switzerland, and now Romania have confirmed infections for the first time.
I said that there is little doubt North America is next. Today the CDC stated the US should expect it to be bad in America and to prepare as such.
I warned you ahead of all this and stressed the deflationary effects, especially on oil. I guess the markets have forced you to acknowledge my warnings because most mocked and ridiculed me. One person here even suggested he hopes I get the virus and die. And for what, warning you of what has now largely come to fruition.
Oil is going below $50 and finding a home there for awhile. Brent will likely drop below WTI. Hopefully VET quickly prepares itself for its new business environment, something I have been advocating for before coronavirus.
JMHO. GLTA.