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Thread: Thoughts on the NEW Norm when or if we resume travel?

  1. #11
    Until there is a vaccine nothing will be normal.
    Flying at MACH4 +

  2. #12
    Quote Originally Posted by billymach4 View Post
    Until there is a vaccine nothing will be normal.
    I keep hearing they are close to having a vaccine. I hear this on tv news. Then I also read in science articles that a vaccine will not work for covids. I am thinking the science people are right and news people are wrong. My foster mom is almost 85 and she caught covid 19 at a nursing home in March. She took the hydrocloriquine zpak treatment and was fine about 3 weeks later. My bet is treatment over vaccine becomes the fix.

    We did make our reservations for Cabo !!!! Going fishing. I might be driving. So far there are about 10 - 16 of us going.

  3. #13
    Glad it worked for your mom. There is so much exuberance and high anxiety riding on this Moderna company development so far. The very limited trial done so far is looking good. But more R&D is needed. If the trials don't work out hold on tight because the market will crash again. Yikes. I was getting really nauseous in March when it went into a tail spin. If the moderna vax doesn't work I sure hope one of the other vax in development will help cause this is really bad all around!
    Flying at MACH4 +

  4. #14
    Thanks Billy. From what I have been reading, it really looks like any vaccine would likely have many problems. There are too many companies competing and the materials needed to manufacture mass quantities of vaccine are not available. Most manufactured items are now made to order so products like the medical grade glass are not stock items. It gets better, even the sand to make the medical grade glass isn't stock, its made to order.

    I don't know if the market is connected to anything anymore. The only reason it has been some what stable is the Fed has been pumping it up. The Fed says they are committed to the market so I doubt any big crash is going to happen but its is likely some sectors will be wiped out.

  5. #15
    Quote Originally Posted by easyrider View Post
    Thanks Billy. From what I have been reading, it really looks like any vaccine would likely have many problems. There are too many companies competing and the materials needed to manufacture mass quantities of vaccine are not available. Most manufactured items are now made to order so products like the medical grade glass are not stock items. It gets better, even the sand to make the medical grade glass isn't stock, its made to order.

    I don't know if the market is connected to anything anymore. The only reason it has been some what stable is the Fed has been pumping it up. The Fed says they are committed to the market so I doubt any big crash is going to happen but its is likely some sectors will be wiped out.
    The Feds actions have their own risks. There is simultaneously a risk of hyperinflation and hyper deflation, so it is hard to know how to prepare. I'm glad I laid in some silver when there was a lull in the market, but I wish I had some more gold right now. I am out of stocks completely. It is cash and precious metals, although I would also like to add another rental house or two if I can figure out what the real estate market is going to do. I think there will be a rise in foreclosures and loans will get harder to qualify for, and that might make it a buyers market.

  6. #16
    my BIL booked a house rental for this weekend coming in thhe outer banks, Price was half of what it should be so there are bargains out there right now. They do not plan to go out for dinner since the full kitchen will have them cooking all week
    Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms

  7. #17
    Quote Originally Posted by Carolinian View Post
    The Feds actions have their own risks. There is simultaneously a risk of hyperinflation and hyper deflation, so it is hard to know how to prepare. I'm glad I laid in some silver when there was a lull in the market, but I wish I had some more gold right now. I am out of stocks completely. It is cash and precious metals, although I would also like to add another rental house or two if I can figure out what the real estate market is going to do. I think there will be a rise in foreclosures and loans will get harder to qualify for, and that might make it a buyers market.
    We kind of left the stock scene back in 2008 -09 and went real estate. I did get some gold and silver Eagles over the years but geez, I know what you mean regarding gold and silver prices. The premiums over spot are ridiculous. American Eagles in gold or silver are way over spot.

    I think that small multifamily units will weather the downturn pretty good. Medium income type rental homes should do well too. High end stuff and condos will likely take a beating. This forbearance dealio will kind of stall out many deals is my guess. Even so, I wouldn't say no to another rental.

  8. #18
    Now, it appears a Las Vegas casino owner is giving away free one-way flights to Vegas to get the crowds back.

    https://www.breitbart.com/local/2020...hts-las-vegas/

  9. #19
    Goomba & Super Moderator tonyg's Avatar
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    One way return flights would be better.

  10. #20
    Quote Originally Posted by bezerk View Post
    That is very true. I have scheduled a vacay in Puerto Vallarta June 20th, driveable for me, but not sure if I am going, for various reasons plus many areas the roads ar not open yet to get there due to COVID Restrictions.

    Fingers crossed on a July vacay and that DH can fly here. sigh
    Well, the June vacay is cancelled. Puerto Vallarta ( Jalisco state) and also Nuevo Vallarta ( state or Nayarit just expended their Stay at Home orders. They will open the tourism sector last! Some restaurants have opened, Beaches remain closed. That July vacation is looking dimmer, the numbers of cases are climbing in Mexico and expected to rise higher with the opening of things. Apparently, the next 2-4 weeks are critical, noncompliance with precautionary measures like masks, no gatherings have not been adhered to so as stated it would extend out lockdown in Mexico and it has.
    Timeshare Addict - Mexico Travel Abounds - Happy Vacations!!

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