Hypocrisy Knows No Bounds

By: Ross Silver, CEO

I think most people believe humans today are “smarter” than previous generations due to scientific advancements and specifically technological efficiencies. We have smart gadgets and artificial intelligence making intelligent decisions without human interference. Our lives are controlled by a 4 inch by 2 inch computer, aka cell phone, which each of us keeps within arm’s reach daily to keep us “connected” to knowledge. Personally, I think all these “advancements” are making humans commodities, less intelligent and enabling the destruction of interpersonal communication; but I will save that essay for another day. Given we are so smart, it should be shocking to all at how poorly managed the COVID-19 pandemic is being handled, right? 

Let’s first think about social distancing and the hypocrisy that is social distancing. We have been told that if we are all to wear face masks and keep 6 feet away from other humans this will stop the spread of this virus. What science is backing this assertion? None. We have been told that it is safe to eat in restaurants, fly on airplanes and drink at bars as long as we wear a face mask, adhere to social distance guidelines (on an airplane, huh?) and limit touching our faces or any objects around us. Again, the science supporting this assertion? Doesn’t exist. Schools are closed for “distance learning” in order to help stop the spread of the virus, why? Because it is “safer” for the children to not be in school but at home according to non-existent science. The hypocrisy of the world we live in today and the sheer stupidity being demonstrated by our leaders is frightening. 

This virus whether we like it or not will infect all of us across the planet. The death rate of this virus as of today is 3% of people infected globally as well as here in the U.S. That is a very concerning number but not as concerning as the estimated 606,520 people that will die of cancer in the United States this year. Why haven’t we eliminated any and all cancer causing agents in our daily lives? Heart disease killed 647,457 people in the U.S. in 2019, https://www.cdc.gov/nchs/fastats/leading-causes-of-death.htm. Why haven’t we eliminated any and all foods which lead to or cause heart failure? The answer, because we are hypocrites, a sad but true fact and one that needs to change. We are not challenging our elected officials to make informed decisions or even smart decisions. We are relying on “science” that lacks data and we are adhering to a herd mentality also known as “well if they say so.” Use your brains, think outside the box and do not assume elected officials are intelligent and will do what is best for you or us. Most elected officials are puppets to the consortium that put them in office; somehow people are forgetting this and it is frightening.

Last but not least, the equity market is massively disconnected from any semblance of logic. Retail investors are opening up accounts at discount brokerages en masse and buying equities with two hands. I keep hearing “It’s different this time Ross, you don’t get it,” and that makes me cringe. There is no question the elevator down is coming to a theater near us, the only question is when. I don’t like seeing people get fleeced but this will be a fleecing. A monetary policy of “keep printing money” will not and cannot work. Why? Let’s say you purchased a baseball card that was worth $40 because there were only a certain number of those cards and the card was in demand. What happens when billions of those baseball cards are printed after you bought the card and just about everyone has one and as such demand evaporates? The answer, the card drops in value like a rock. It is only a matter of time until the world “unpegs” itself from the U.S. dollar and we are already seeing the value of the dollar evaporate:https://www.marketwatch.com/investing/index/dxy/charts

Some tickers to consider: FRSX , POAI , ARPO , TZA , JAGX , CEI and TVIX.