Are shares cheap enough?

Collectors of shares like me should exploit the corona-panic and continue buying. After the production of a vaccine everything will return to normal and shares will be sold for they are worth. I have to take courage and keep buying.  I do not believe that the end is near and anyway, my personal end cannot be very far. Airlines will be very cheap, they will return to their prices after the panic. Hotels and tourism sector. People will not give up living. Tomorrow!

Life goes on (or not)

Yesterday I was the only teacher in the exam, the others did not show up. The students - one step before graduating as civil engineers - displayed shocking ignorance. The university employs elderly "celadores" (guardians?) to prevent copying, they too were surprised by the elementary level of the questions. It depressed me and left after two hours.

I am not interested in politics, but the situation here is worrying. The Jewish electorate is divided equally and the 400,000 Israeli Arab voters are kingmakers. Their program is to dismantle Israel. In case of war, their loyalty is in no doubt: they are enemy. And for the first time they will be an important part of the govening coalition.

Went down to the corner shop for eggs. The woman before me was buying foodstuff enough for a month, she said they have to stay at home. Corona virus! Instinctively touched my nose, then ran home to wash my hands for a minute.  

Muddy Waters

Saudi Arabia drops the price of oil to keep market share and eliminate shale and other competitiors. It will inhibit phasing out motor cars. It will kill wind and sun generation. At $30 a barrel, Venezuela and Iran’s economies collapse. My Israeli oil and gas shares already lost half of their worth. 

On the other hand, cheap oil stimulates world economy. Add costless credit and prosperity may be ahead. Spring is near and with it the demise of the flu epidemy. If I were less tired and depressed, I would start collecting shares.

All The Best. 

It is starting to bite

There is less traffic in the streets because people has heard that a pestilency is out there. I have been closed in my office working all day on the Munier project, that now has been completed. It is a cake factory and the owners are stressed because their other business - an events hall - is dead, no one is reserving dates for fiestas. I am starting to work on two new gym projects. Tomorrow, Sunday, I have to supervise two exams in Ariel University. The semester starts the 17th.  Life goes on.

High emotions in Israel

MK Dichter: This is going to be a tragedy. Deputy Defense Minister warns against a government supported by the Joint List party. Dichter is former head of the Mossad, the Organization for Special Activities.

"And this is being committed by three Chiefs of Staff, two Hausers and Hendels, and one Ivette Liberman. People whose hatred of Netanyahu drove them insane and they're willing to sell the State of Israel to its enemies just to get the Prime Minister out of his chair. It's sad, shameful, and dangerous." Bezalel Smotrich is a national/religious leader.

The head of the opposition, the one who is planning to form a coalition government with Arab anti-Jewish parties because his blind hate of Netaniyahu, Benny Gantz, said that "a political assesination is around the corner".

Pic.: The United Arab List, formed by three anti-Jewish fractions. The Arab (Palestinian) population of Israel (25% of the total) voted uniformly for the Arab List. Politically, they are a solid undigested  ethnic block of the conquered native population. This is a typical sitution of a "diverse" society - each ethnic votes for his own candidate. 

Israel Closed

El Al suspended flights to the USA. The travel and tourism industries are paralyzed.  I am following the corona disease on the net, but I am still unconvinced that the world is not over-reacting. It seems to me a common cold like we have every winter. The Chinese government brutal reaction has alarmed the whole world, if they are taking such extreme measures then humanity must be facing something terrible. Maybe the Chinese leadership wanted to be seen this time as honest and transparent, not as like with the SARS epidemy. The worst is the bourse's volatility, I wonder if it is a good time to buy on the cheap. My people went hysteric when I suggested it. I cannot even consult with a god, since the mosques are closed (pic), the Chief Rabbi forbid kissing mezuzot and even the Pope is sick. Well, I have to work and finish this Munier project. 

Schweizerische Kreditanstalt in Argentina

Before the era or Peron, there was a short time when Argentina established a committee to investigate Nazi affairs in Argentina. Now a list of money transfers from the Swiss Bank (today called Credit Suisse) to known Nazis in Argentina was discovered, and it is probable that much of it is money extracted (*) from Jews under the Nazi regime. The pedantic German recordkeeping is turning on the criminals - eighty years after.

(*) Not figuratively. Gold dentures.