| The Argument is Over Doctor Anthony Fauci and the rest are barbarians of specialization. Great physicians in particular cases they "do harm" rampantly in the society at large. The barbarians at Harvard School of Public Health tell us we can't open up until we have increased testing some 13 thousand-fold. This is simply malpractice. Also malpracticing in a more marginal way is Michael's Wall Street Journal story. It presents a series of graphs comparing COVID spikes with previous five-year-averages and all-mortality spikes in the hit-hardest places. Then it compares spikes this year with the same week in previous years. Hey, it's worse this year for the hit-hardest. That's what diseases do. They spike in different places and times in different patterns. They relent through herd immunity, sun, and air. Comparing the spikes of deaths this year with the same weeks in previous years with different patterns is a debating point with little or no relevance to the argument. It is slovenly journalism. As I wrote previously, the US death rate from all causes as compiled by the CDC is lower this year than it was in 2019, 2018, 2017, and 2015. It is higher than it was in 2016. The death rate always declines in January, well before the mid-March lock in, so the politicians cannot claim credit for the death dearth. It all becomes clearer in a global study published this week in Israel by Professor Isaac Ben-Israel, chairman of the Israeli Space Agency and Council on Research and Development. Ben-Israel shows that "the spread of the coronavirus declines to almost zero after 70 days — no matter where it strikes, and no matter what measures governments impose to try to thwart it." "Rapid increase in infections that reaches a peak in the sixth week and declines from the eighth week – is common to all countries in which the disease was discovered, regardless of their response policies: some imposed a severe and immediate lockdown that included not only "social distancing" and banning crowding, but also shutdown of economy (like Israel); some "ignored" the infection and continued almost a normal life (such as Taiwan, Korea or Sweden), and some initially adopted a lenient policy but soon reversed to a complete lockdown (such as Italy or the State of New York). Nonetheless, the data shows similar time constants amongst all these countries in regard to the initial rapid growth and the decline of the disease. For example, our calculations show that the pattern of the daily new infections as a percentage of accumulated number of infections (weekly averaged), is common to every country around the globe. Typically, in the first phase of the spread, this percentage amounted around 30%, decreased to a level of less than 10% after six weeks, and ultimately reached a level of less than 5% a week later." That's what I've been saying. I think the argument is over. Get back to work and investing, folks. Leave this ghastly self-inflicted wound behind us. And be careful not to duplicate it with the ritual self-abuse of the climate change cult. Regards, 
George Gilder
Editor, Gilder's Daily Prophecy P.S. Did the "corona crash" just make this 2020 play an even bigger opportunity? I am talking about my colleague Graham Summers' strategy. He is the world's #1 scholar when it comes to the Fed intervening with the markets, and he has just discovered something crazy. Those who followed Graham's strategy were able to pull in as much as $10,200 in one single day. He has a brief video I'd like you to see that shows more on his simple strategy and how you can get started today! Click here to watch. | 
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