Gold Resource Corp (GORO)

[GORO2020]

I have Warned and I'll say it Again.......This especially applies to ALL of you that Live in Cities and this is WHY I don't LIVE in or NEAR a Fricking City in America, Watch how FAST Citizens TURN into MOBS............If You don't own a GUN I suggest You invest in a couple of Home Defense Models and plenty of Ammunition!!!!!!!!!

April is going to BUST the Nut SACK of America!!!!!!!!!!!!


Trump Tells America "Get Ready For A Painful 2 Weeks"

Trump Tells America "Get Ready For A Painful 2 Weeks" As Task Force Goes 'All-In' On Mitigation
by Tyler Durden ZeroHedge

Update (18000ET): There's been some pretty stiff competition, but Tuesday night's press conference was an entertaining one. For the second night in a row, President Trump clearly expressed his support for continuing with the mitigation efforts, and acted as if he had never veered off-course by embracing his "sacrifice grandma to save the economy" rhetoric, which would have surely helped torpedo his campaign given long enough.

Perhaps feeling chastened by the stock market's worst start to a year in history, Trump, acting as if he had never even considered the possibility of reopening the economy by Easter, warned Americans that they needed to get ready for a "painful two weeks" as he said the guidelines would likely be extended. It's likely that they'll be in effect until the end of April, which would really be four weeks. Trump corrected himself later on, offering variations including 'three weeks' and 'four weeks' at different times during the press conference.

Earlier, New York Gov. Andrew Cuomo complained that "I’m tired of being behind this virus. We’ve been behind this virus from day one," the governor said in Albany. "We underestimated this virus. It’s more powerful, it’s more dangerous than we expected."

Discussing Elmhurst Hospital, a hospital that Trump "knows very well" thanks to his childhood growing up in Queens, Trump remarked that it looked like a "war zone" as officials prepared for the outbreak.

cont...............


White House predicts 100,000 to 240,000 will die

White House predicts 100,000 to 240,000 will die in US from coronavirus
By Berkeley Lovelace Jr., Dan Mangan

President Donald Trump prepared Americans for a coming surge in coronavirus cases, calling COVID-19 a plague and saying the U.S. is facing a “very, very painful two weeks.”

“This could be a hell of a bad two weeks. This is going to be a very bad two, and maybe three weeks. This is going to be three weeks like we’ve never seen before,” Trump said at a White House press conference Tuesday. White House officials are projecting between 100,000 and 240,000 deaths in the U.S. with coronavirus fatalities peaking over the next two weeks. “When you look at night, the kind of death that has been caused by this invisible enemy, it’s incredible.”

The U.S. has more coronavirus cases than any other country across the globe with 184,000 confirmed infections, according to data compiled by Johns Hopkins University. New York has now become the new epicenter of the outbreak in the world with 75,795 confirmed cases as of Tuesday morning, more reported infections than China’s Hubei province where the coronavirus emerged in December.

cont.............


Supplies Are Starting To Get Really Tight Nationwide As Food Distribution Systems Break Down

Supplies Are Starting To Get Really Tight Nationwide As Food Distribution Systems Break Down
by Michael Snyder
The End of The American Dream blog

All across America, store shelves are emptying and people are becoming increasingly frustrated because they can’t get their hands on needed supplies.

Most Americans are blaming “hoarders” for the current mess, but it is actually much more complicated than that. Normally, Americans get a lot of their food from restaurants. In fact, during normal times 36 percent of all Americans eat at a fast food restaurant on any given day. But now that approximately 75 percent of the U.S. is under some sort of a “shelter-in-place” order and most of our restaurants have shut down, things have completely changed. Suddenly our grocery stores are being flooded with unexpected traffic, and many people are buying far more than usual in anticipation of a long pandemic. Unfortunately, our food distribution systems were not designed to handle this sort of a surge, and things are really starting to get crazy out there.

I would like to share with you an excerpt from an email that I was sent recently. It describes the chaos that grocery stores in Utah and Idaho have been experiencing…

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Coming Tomorrow........US Auto Sales for March!!!!!!!!!!!!!!

"There Are Basically No Sales"

"There Are Basically No Sales": U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown
by Tyler Durden ZeroHedge

2020 is shaping up to be nothing short of a complete and total meltdown for the U.S. auto industry.

The industry was already barely holding on by a thread before the coronavirus pandemic started, with China leading the rest of the globe's auto industries into recession over the last 18 months. Now, in a post-coronavirus world, automakers in the U.S. are expecting nothing less than full collapse.

And the things that were barely holding the industry up to start 2020, namely low rates and modest consumer confidence, don't matter. Businesses are closed, would-be buyers are strapped for cash and the country's economy has simply been turned off. The industry's annualized selling rate could slow to 11.9 million in March, according to Edmunds.

Jessica Caldwell, executive director of insights for market researcher Edmunds, told Bloomberg: “The whole world is turned upside down right now.”



He predicts that the industry's annualized selling rate will continue to plummet to between 9 million and 10 million vehicles. Those numbers are well below the 10.4 million autos sold in 2009, the year GM and Chrysler both filed for bankruptcy. J.P. Morgan has an even more pessimistic view, with estimates of a pace of 6 million to 7 million vehicles over the next month.



cont...................

It starts with the Home Builders and eventually gets to the Mortgage Lenders and BANKS..............It's 2008..........AGAIN!!!!!!!!!!!!!!



Homebuilder ETF just had its worst month ever

Homebuilder ETF just had its worst month ever, but it’s on the cusp of a comeback, chart analyst says
By Lizzy Gurdus

Homebuilding stocks had a rough March.

The iShares U.S. Home Construction ETF (ITB), which tracks the group, closed out its worst month ever on Tuesday with a more than 33% loss since Mar. 1, adding to a cacophony of gloomy statistics that included the Dow Jones Industrial Average rounding out its worst first quarter in history.

The pain has come amid concerns that the economic impact of the coronavirus pandemic could last longer than expected, possibly upending the housing market’s spring selling season. President Donald Trump extended the national social-distancing guidelines to Apr. 30 on Sunday.

But some are expecting a relatively quick comeback for the group once the worst of the outbreak blows over.

With the ITB still nearly 43% off its 52-week high but beginning to bounce off a key support level, it’s showing promising signs that hint at a near-term recovery, Craig Johnson, senior technical research analyst at Piper Sandler, said Tuesday on CNBC’s “Trading Nation.”