Chinese Virologist Claims COVID-19 Man-made
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Chinese Virologist claims COVID-19 came from Chinese military lab in Wuhan. Dr. Li-Meng Yan, a former research at the Hong Kong School of Public Health, posted a paper that she claims shows how SARS-CoV-2 was created in a laboratory setting in Wuhan, China.
Dr. Li-Meng Yan co-authored a paper entitled "The Unusual Features of the SARS-CoV-2 Genome Suggesting Sophisticated Laboratory Modification Rather than Natural Evolution". It claims the Covid-19 shows biological characteristics that are inconsistent with a naturally occurring virus. She insists the widespread report the virus originated last year from a wet market in Wuhan are "a smoke screen". Zerohedge was removed from twitter for claiming the virus came from the Wuhan Lab.
Dr. Yan claims she has proof COVID-19 was made in Wuhan lab. She claims its spike protein was edited to make it easier for the virus to latch on to human cells. President Trump said he has seen evidence the Coronavirus started in the Wuhan virology laboratory. He warned he could impose tariff on China in retribution for the pandemic.
Dr. Yan said se got "her intelligence from the CDC in China, from local doctors. She has accused Beijing of lying about the virus and covering up their responsibility. She said the genome sequence is like a human fingerprint and proves it came from the China lab in Wuhan.
Dr. Yan said that before she fled China in fear of retaliation, the Communist government deleted all her information from all government databases. She is in the United States as a asylum seeker and whistleblower. Yuan Zhiming, director of the Wuhan Institute of Virology, has denied reports the virus came from his facility.
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Federal Reserve officials expect to hike rates roughly six additional times this year, bringing its benchmark Fed Funds Rate to nearly 2%. In May the central bank raised the Fed Funds Rate by ½%. Can they reach their goal without a recession?
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One is wise to sell on the rumor of bad news and buy on the fact. Gold is approaching over a year of consolidation on the rumor of Fed tightening and a rate hike. Next week the Fed is expected to increase its bond purchase taper and hint of more aggressive rate hikes in 2022. However, there is almost a two year lag between money printing and inflation.
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Lincoln said, "You can fool all the people some time, you can fool some of the people all the time, but you cannot fool all the people all the time." Jerome Powell has stated the Fed will "began to taper QE and raise interest rates" and "inflation is temporary"