China Raises 108 Coronavirus (COVID-19) Victims From the Dead

Roughly five weeks into the coronavirus (COVID-19) story and really nothing much has materialized. Stocks are making new all-time highs, gold and silver have barely budged, though bonds have rallied in recent days.

Much of the stagnation or up-and-down noise from the equity markets is probably tied to China's somewhat opaque rendering of figures relating to the virus. While the death rate to the number of reported cases has remained fairly constant around 2.1-2.5%, there are no footnotes on the data, nor is there any means by which to verify their accounting.

Additionally, after upping the total number of cases and deaths dramatically on Wednesday, China took some back on Thursday, essentially raising 108 people from the dead by what they dubbed "double counting."

This fumbling, feeble excuse and the fact that the Chinese government won't allow teams from the US CDC into the country to help, the obvious takeaway is that their numbers are wholly unreliable, most likely under-reported.

The media, along with the experts at WHO are about as in the dark as they can be, and are reporting from their backsides with information that is either inaccurate, misleading, or just plain lies.

With each passing day it becomes more and more apparent that ordinary people in this world are on their own when it comes to determining how to react and respond to this supposedly pandemic, deadly threat.

At the Close, Thursday, February 13, 2020:
Dow Jones Industrial Average: 29,423.31, -128.11 (-0.43%)
NASDAQ: 9,711.97, -13.99 (-0.14%)
S&P 500: 3,373.94, -5.51 (-0.16%)
NYSE: 14,099.04, -37.94 (-0.27%)