Sunday, January 31, 2021

Massive Overvaluation of Stocks & Bonds Continues!


Supporting Video:   Why Grantham Says the Next Crash Will Rival 1929, 2000

Updated Monthly

AGGRESSIVE PORTFOLIO - ACTIVE ALLOCATION - 2/1/21

Active Allocation Bands (excluding cash) 0% to 50%
55% - Cash -Short Term Bond Index - VBIRX
45% -Gold- Global Capital Cycles Fund - VGPMX **
 0% -Lt. Bonds- Long Term Bond Index - VBLTX
 0% -Stocks- Total Stock Market Index - VTSAX
[See Disclaimer]
** Vanguard's Global Capital Cycles Fund maintains 25%+ in precious metal equities the remainder are domestic or international companies they believe will perform well during times of world wide stress or economic declines.  

 This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.
This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!
The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.
The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.
Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

Massive Overvaluation of Stocks Continues!

 Supporting Video:   Why Grantham Says the Next Crash Will Rival 1929, 2000

%

Stock & Bonds
Allocation Formula
2-1-21
Updated Monthly

% Allocation = 100 – [100 x (Current PE10 – Avg. PE10 / 4)  /  (Avg.PE10 x 2 – Avg. PE10 / 2)]


% Stock Allocation    0% (rounded)
% Bond Allocation 100% (rounded) 

Logic behind this approach:
--As the stock market becomes more expensive, a conservative investor's stock allocation should go down. The rationale recognizes the reduced expected future returns for stocks, and the increasing risk. 
--The formula acknowledges the increased likelihood of the market falling from current levels based on historical valuation levels and regression to the mean, rather than from volatility. Many agree this is the key to value investing.  
Please note there is controversy regarding the divisor (Avg. PE10).  The average since 1881 as reported by Multpl.com is 16.78.  However, Larry Swedroe and others believe that using a revised Shiller P/E mean of 19.6 , the number since 1960 ( a 53-year period), reflects more modern accounting procedures.

DYI adheres to the long view where over time the legacy (prior 1959) values will be absorbed into the average.  Also it can be said with just as much vigor the last 25 years corporate America has been noted for accounting irregularities.  So....If you use the higher or lower number, or average them, you'll be within the guide posts of value.

Please note:  I changed the formula when the Shiller PE10 is trading at it's mean stocks and bonds will be at 50% - 50% representing Ben Graham's Defensive investor starting point; only deviating from that norm as valuations rise or fall.        
  
DYI

This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.
This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!
The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.
The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.
Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

The Formula.

Massive Overvaluation of both Stocks and Bonds!

DYI:  Ben Graham’s ratio comparing the earnings yield of the market to bonds is correct that stocks will outperform bonds on a macro basis.  However due to massive overvaluation of both stocks and bonds the long term investor in this inflated market will end up losing less money in stocks as compared to their cousin bonds!   If you desire to dollar cost average into stocks – such as a 401k etc. – equity income funds would be the recommended tier of stocks as their dividend yield is comparable to bonds.  This will allow you a chance over the long haul – [depending on what initial valuation you predominately invest in] – beating returns on bonds and with a positive return!  DYI’s recommendation is Vanguard Equity Income Fund Investor Shares (VEIPX) with a current yield from dividends – (as of 1/31/21) – at 2.61%.  Starting yield is now greater than most investment grade – [as opposed to high yield or junk] – bond funds.

Supporting Video:   Why Grantham Says the Next Crash Will Rival 1929, 2000

Margin of Safety!


Central Concept of Investment for the purchase of Common Stocks.
"The danger to investors lies in concentrating their purchases in the upper levels of the market..."

Stocks compared to bonds:
Earnings Yield Coverage Ratio - [EYC Ratio]

EYC Ratio = 1/PE10 x 100 x 1.1 / Bond Rate

1.75 plus: Safe for large lump sums & DCA

1.30 Plus: Safe for DCA

1.29 or less: Mid-Point - Hold stocks and purchase bonds.

1.00 or less: Sell stocks - Purchase Bonds

Current EYC Ratio: 1.38(rounded)
As of  2-1-21
Updated Monthly

PE10 as report by Multpl.com
DCA is Dollar Cost Averaging.
Lump Sum any amount greater than yearly salary.

PE10  ..........33.82
Bond Rate...2.36%

Over a ten-year period the typical excess of stock earnings power over bond interest may aggregate 4/3 of the price paid. This figure is sufficient to provide a very real margin of safety--which, under favorable conditions, will prevent or minimize a loss......If the purchases are made at the average level of the market over a span of years, the prices paid should carry with them assurance of an adequate margin of safety.  The danger to investors lies in concentrating their purchases in the upper levels of the market.....

Common Sense Investing:
The Papers of Benjamin Graham
Benjamin Graham

Wednesday, January 27, 2021

Moral: When You Don't Know What is Going on - Always Follow the Trail of MONEY!

 Covid-19

Plandemic

Don’t Trust Government(s)

Avoid Mainstream Media

Fight the Lies!

UNBELIEVABLE: In New Interview Bobby Kennedy Jr. Claims Dr. Fauci will Make Millions on Coronavirus Vaccine and Owns Half the Patent

Tuesday, January 26, 2021

Videos: Highlighting the COVID-19 SCAM!

 Covid-19

Plandemic

Don’t Trust Government(s)

Avoid Mainstream Media

Fight the Lies!

Video

W.H.O. Changes Covid PCR Test Guidance 

2 Days After Biden In Office

**************************************

This is Joe Biden’s first 2 days as President

**************************************

Case Closed!!


 COVID19 is The Flu


 aka Influenza and 


NOTHING MORE


Your Science is Bought and Paid For

DYI

Wednesday, January 20, 2021

60% Stocks - 30% Bonds - 10% T-Bills 12 Year Average Annual Estimated Return is Negative 1.99% John Hussman

 Bubble

News

The Speculative “V”

John P. Hussman, Ph.D.
President, Hussman Investment Trust

January 2021

The speculative “V” is one of the most interesting and challenging features of the market cycle. For passive investors, it can be a period of exhilaration followed by panic. 
For historically-informed, value-conscious investors, it’s typically a period of annoyance, bordering on contempt, for what Galbraith called “the extreme brevity of the financial memory” – often followed by opportunity and even vindication. 
Still, the collapse of a speculative bubble can be curiously unsatisfying (as it was for me during the 2000-2002 and 2007-2009 collapses) if one happens to care about the well-being of others.

The full-cycle and long-term market outlook remains dismal

I continue to expect a loss in the S&P 500 on the order of 65-70% over the completion of the current market cycle. As I noted about my 83% loss projection for tech stocks in March 2000, “if you understand values and market history, you know we’re not joking.” A loss on the order of 65-70% would merely bring the S&P 500 to historical norms that have been followed by historically run-of-the-mill returns.

 DYI:  My estimation is for a 70% to 85% collapse based on the Dow Jones Industrial average.  Hussmann in this regard is the optimist with me being the pessimist.  Be as that may be now is NOT the time for whole sale purchases – [S&P 500 index fund or general stock fund] – for long term purchases.  It goes without saying that we live in crazy times and in my judgement 2021 will make 2020 look tame. 

Basic family economics comes into play.  If you are in debt get out of debt even if it requires asset sales to achieve and of course if you are already out of debt stay that way.  Purchase gold and silver eagle coins; checking account savings for 3 to 6 months and a corresponding amount in U.S. government debt using a mutual fund – [my favorite is Vanguard Funds].  Once achieved as long as stocks, bonds, and real estate remain MASSIVELY overvalued continue to build addition coins and Treasury debt. 

DYI

    

Thursday, January 14, 2021

American Civil War has BEGUN!

 Covid-19

Plandemic

Don’t Trust Government(s)

Avoid Mainstream Media

Fight the Lies!


From the Desk

Of

Miles Mathis

DYI:  Despite Miles writing the majority of his analysis in November the civil war we are in is between the Old Guard – [oil/gas, military (CIA/FBI) and industrialist] and the Up Starts – [DHS (and their allies), bankers, big tech and big pharma] is spot on.  This collision will take years to play out as the Old Guard destroys the Up Starts and brings back into the fold the remaining stragglers.  The Old Guard is not our saviors as they ran the likes of WWI, WWII, Korean, Vietnam, Gulf I and II wars plus the faked moon landings.  The Up Starts have allied themselves with big pharma pumping out one piece of crap medications after another that is highlighted by this bogus vaccine!  The mega banks are attempting to roll out world wide control – [U.N., World Economic Forum technocracy] and have allied with the insane eugenics crowd as well.  Again this will take years before stability is brought back to the 1950’s level.  In the meantime buckle up the United States and the world is going to continue to go crazy before this peaks – [Old Guard reigns in Up Starts] and begins the multi year journey back to stability. 

Miles Mathis       

November 29: A new article at The Spectator is good, and mirrors much of my analysis here. You will say it is by Patrick Basham, which puts me in the same camp as the Cato Institute. That surprises me as much as it does you, but I will show you how it fits into the greater story in my comments below.

What Basham doesn't mention is the extreme censorship of news going on now by Google, YouTube, Twitter, and Facebook. It is very difficult to get any real information, since only a few sites are even trying to report on late election news or anything else. The mainstream is blocking any search on alternative news or analysis. Collating all the snippets I have been able to glean over the past three weeks, I would say this news embargo is not meant to only block Trump news, but to block even greater news. We are simply not being told by anyone what is going on right now. What is going on is that Civil War I have been telling you about. Big things are going down right now, but no one is telling us—not even the Cato Institute. 

Our military is apparently deployed domestically, but we aren't told what the war is or who is fighting whom. It is mostly black ops v. black ops, so we may never get a real report of it. It will be spun later in whatever way the winner sees fit. That is why the court cases seem to be moving so slowly and not really going anywhere. Everything is on a weird pause. That is because they are waiting to see how these military battles play out. As I read it, the various military divisions had to first posture, then they had to see who was going to obey orders and which direction the major players would lean. After that was sorted out, they probably had a few limited skirmishes, to test those divisions, after which the boys stated their allegiances again.

My intuition tells me that although there are no white hats, the blackest hats are losing. That would be the DHS people and their allies: the newer players. The old military/CIA has had it with the new guys and are using this fake election to crush them. Gates and Google are among the new guys.

I will tell you again why I believe this. The postwar period in the US, from 1945 to 2000, was the most profitable in history for the central part of the Phoenician Navy, and they achieved that with low levels of obvious fascism. The fascism was there, but it was well disguised. Most people didn't have a clue.

After 2000, that scheme changed, with new players coming in and making even higher short-term profits. But to do that, they had to drastically increase the levels of propaganda and chaos. That new scheme has threatened the stability of the greater structure, and put in doubt the long term plans of the old guard.

But the worst of it is, the new guard is stealing profits from the old guard, which was a colossal mistake. 

The new guard tried to re-invest the old guard in new projects, but the old guard can now see that those projects aren't stable. Many of the new-guard projects are completely fake, and the reported profits are just mist. That may fool you, but it isn't fooling the old guard. They know that wealth doesn't really exist—think SpaceX, Tesla, Facebook, or a large part of Apple. So the old guard has to find a quick way to snuff the out-of-control new guard and move back to the old scheme. 

Think of it like granddad slapping down his stupid grandson. I think that is what we are seeing, which is why I think the future is going to be better. They have to move us back to previous models, which were working very well. So I predict a reversion to 1990 to start with, followed by a reversion to 1950.

That is not to say things are going to be just like they were in the 50s. They won't be. It will take decades to get there, and when we do get there it won't be like Back to the Future. Socially it will be very different.  But as a matter of stability it will be very similar.

And how does the article at The Spectator confirm this analysis? Because Basham links us to the Cato Institute, which links him to the Koch’s. Well, the Koch’s are old guard, being involved in oil and minerals. They are linked to the Republican Party in the current fracas, so they are Trump allies. If the Democratic Party is being purposely blackwashed, as I say above, the Koch’s would certainly be involved in it. They might also be involved in a slap down of Google and Gates, since they have come to see how awful the pre-vaccine lockdowns are for the oil and gas industry.

This current Civil War is just a continuation of the war between the largest investment groups that I have been exposing for the past decade. These investment groups and the families behind them own all the companies in the world, but these companies don't peacefully co-exist. Some compete with each other, but others do worse than compete: they destroy. 

For instance, if the bankers steal everything from the treasury and all future treasuries, there is nothing left for anyone else to steal. And who is hit hardest by this? The military, which is the second largest recipient of national money, after the banks; if the military is hit, then big oil is hit, because the military is the single largest user of oil. Imagine the amount of fuel they burn every year.

And that is just the primary example. Here is another. The military is expected to use soldiers to test new vaccines. But if this makes millions of soldiers sick, that hurts the military again. Young men won't want to enlist, for one thing, and all these sick veterans have to be taken care of later. If there is no money in the treasury to take care of them, you have the same problem again: their sons and grandsons won't enlist. That is just one reason of many that the military doesn't like Gates and his vaccines.

This gives me another reason to think Trump will eventually come out on top in this “election”. I am not a “pollster” like Basham, but I can tell you that a simple finger to the wind never indicated a Biden victory here. Biden was obviously chosen as a losing candidate and always acted like one. All the telegraphing has been for a Biden loss, and that remains true now, even as the mainstream falsely anoints him as the winner. 

The fake riots being in Democratic strongholds were a big sign in that direction, as were the fake race wars, which are also easy to pin on the Democrats. The blackwashing of Antifa and SJW was the same sort of signal, since they were also linked to the Democrats. After election day we’ve continued to have Big Tech linked to the Democrats, which put a target on them as well. But most of all, we have had a huge amount of chaos created, and all those reacting against it are being pushed right. A revolution is being sparked on purpose, and all revolutionaries are being pushed right. Which is very strange. Revolutionaries don't normally clamor for the Republican party, do they? So we are all being pushed in that direction, man, woman, and child.

If those running the greater project really wanted you to like Biden, you would. You would be pushed strongly in his direction, as you were with Obama. But that isn't happening. Even the mainstream isn't pushing you in that direction, though on the surface that looks like the story. 

But the mainstream only appears to be for Biden.

 In reality, they are blackwashing him by the form of their 

support. 

The mainstream media is still controlled now, and it isn't controlled by the left. It never was and isn't now. The mainstream is pretending to support Biden, but is blowing it on purpose. The media isn't just accidentally getting caught saying stupid things every day. The Democratic party isn't just accidentally acting like a band of petty tyrants. That is part of the script. You and I aren't the only ones noticing that the Democrats have suddenly become the party of intolerance and censorship. All real people are seeing that, because it is being shoved in front of their noses. That is what I mean by “telegraphing”. You can tell what is going on by looking at what we are being groomed to think.

We are also being groomed to detest Gates and Big Tech. If the CIA and MSM wanted you to love Gates and accept vaccines, you would. They are capable of that, and did it easily in the past. If 50% of the populace is slipping through their nets, it is because they want you to slip through.

In the 1950s, there were no alternative sources of news. There were three TV channels, and everyone got their information that way. Magazines and newspapers were also tightly controlled, and even the most fringe sources were straight-up CIA fronts. Almost nobody read them. Technologically, the CIA and MSM have many more ways to control you now, so why is everything so chaotic? Why is it so easy to get negative information on Bill Gates or vaccines or voting or anything else? Because somebody wants you to have that information. Which indicates the split and the war. In the 1950s, we may assume the bankers and military were on the same page. They weren't in opposing investment groups. But now they are. The success of the Phoenician navy led to a rapid growth in size, which led to a split. Which led to an ever-growing civil war and ever-growing levels of chaos, as the spies built ever-larger mazes of traps for one another. 

But this war had to end, because both sides ultimately prey off the middle class and can't survive without it. If they destroy the host they will destroy themselves. I think the older larger side is finally realizing that it can't let the younger side continue. The weaker side has to be killed and the remaining players have to come back together, as they were in the 1950s.

Thank You Miles

DYI      


Tuesday, January 12, 2021

Worldwide Technocratic Takeover of the World!

 Covid-19

Plandemic

Don’t Trust Government(s)

Avoid Mainstream Media

Fight the Lies!

Exposed: Fauci and CDC clash; can’t keep their story straight

by Jon Rappoport

Once more, dear reader, I venture into the insane world where experts falsely claim they’ve proved SARS-CoV-2 exists. Within that world, they contradict themselves. They just can’t keep their story straight.

So let’s begin with Tony Fauci. We have him on video making the following statement: “…In all the history of respiratory borne viruses of any type, asymptomatic transmission has never been the driver of outbreaks…Even if there’s a rare asymptomatic person that might transmit [the virus], an epidemic is not driven by an asymptomatic carrier.”

Fauci is emphatic. People with no symptoms who are carrying a virus? Not a problem. They don’t spread the virus to other people. They don’t cause or maintain an epidemic.

Now let’s turn to the CDC. Jay Butler, CDC deputy director for infectious diseases just told the Washington Post, "The bottom line is controlling the COVID-19 pandemic really is going to require controlling the silent pandemic of transmission from persons without symptoms."

Just the opposite of what Fauci said.

So now we have this:

ONE: People who carry the virus but have no symptoms don’t cause or maintain an epidemic.

TWO: Those very people ARE a major problem, and the epidemic can’t be controlled without controlling them---with masks, distancing, and lockdowns.

Follow the science? What science?

On the back of this gibberish, nations all over the world are seeing their economies destroyed, and hundreds of millions of lives ruined.

It’s a freak show, and the freaks are running it.

Of course, the experts can lie their way out of this. They can say, “Well, this is the FIRST TIME in human history that people with no symptoms are driving an epidemic. We’ve never seen it before…”

Right. This is a special case. Astounding.

If you believe that, I have condos for sale on the far side of the moon.

The truth is, the experts are starting backwards from an unexpressed premise, which is: 

WE WANT TO LOCK DOWN THE PLANET AND WRECK ITS ECONOMY, AS THE FIRST STEP TO CREATING A BRAND NEW WORLD OF TECHNOCRATIC CONTROL. NOW, WHAT DO WE HAVE TO SAY IN ORDER TO MAKE THAT HAPPEN?

This is how official science operates. It’s political and totalitarian, and it pretends to be objective.   

So Jay Butler, the CDC deputy director, rounds off his statement to the Washington Post with this: "The community mitigation tools that we have [masks, distancing, lockdowns] need to be utilized broadly to be able to slow the spread of SARS-CoV-2 from all infected persons, at least until we have those vaccines widely available."

Translation: We have to keep lying, to keep the global population under lock and key. Putting the Chinese model of control in place, in Western countries, takes time. Buy the con for another few years and we’ll have an iron grip on the population.

DYI:  For those of you who are new to technocracy here is a link to technocracy.news by Patrick Wood the foremost authority on the subject that the elites are rolling out world wide.  I highly recommend his books they get straight to the heart of all of this insanity.

DYI


Thursday, January 7, 2021

Worldwide Technocratic Takeover of the World!

 Covid-19

Plandemic

Don’t Trust Government(s)

Avoid Mainstream Media

Fight the Lies!

Summary of Patrick Wood's predictions for 2021:

  • Lockdowns will continue and those vaccinated will still have to wear a mask and keep their distance.
  • Company’s small to medium size will continue to come under enormous pressure.
  • Global resources will continue to be sucked up by the oligarchy in 2021 like there is no tomorrow concentrating everything in their hands.
  • The destruction of the middle class will continue to gain momentum. Technocrats know that capitalism and free enterprise must die for their technocracy to work.
  • The fortunes of one percent will continue to grow massively.
  • The Q-bubble will burst: "Never trust anonymous sources."
  • The machinations of social media – Facebook, YouTube, Twitter, etc. are becoming more and more obvious as an enemy of the people and liberty, but they just keep going on as before.
  • Regardless of whether Biden or Trump ultimately becomes or remains president, the technocrats will definitely win.
  • Interest in Bible prophecy will continue to grow.

DYI:  Here is a link from Miles Mathis regarding Q-anon.

 Video:  RESET MEANS DIGITAL CONTROL SYSTEM CATHERINE AUSTIN FITTS INTERVIEWED BY GREG HUNTER

DYI

Sunday, January 3, 2021

 %

Stock & Bonds
Allocation Formula
1-1-21
Updated Monthly

% Allocation = 100 – [100 x (Current PE10 – Avg. PE10 / 4)  /  (Avg.PE10 x 2 – Avg. PE10 / 2)]


% Stock Allocation    0% (rounded)
% Bond Allocation 100% (rounded) 

Logic behind this approach:
--As the stock market becomes more expensive, a conservative investor's stock allocation should go down. The rationale recognizes the reduced expected future returns for stocks, and the increasing risk. 
--The formula acknowledges the increased likelihood of the market falling from current levels based on historical valuation levels and regression to the mean, rather than from volatility. Many agree this is the key to value investing.  
Please note there is controversy regarding the divisor (Avg. PE10).  The average since 1881 as reported by Multpl.com is 16.70.  However, Larry Swedroe and others believe that using a revised Shiller P/E mean of 19.6 , the number since 1960 ( a 53-year period), reflects more modern accounting procedures.

DYI adheres to the long view where over time the legacy (prior 1959) values will be absorbed into the average.  Also it can be said with just as much vigor the last 25 years corporate America has been noted for accounting irregularities.  So....If you use the higher or lower number, or average them, you'll be within the guide posts of value.

Please note:  I changed the formula when the Shiller PE10 is trading at it's mean stocks and bonds will be at 50% - 50% representing Ben Graham's Defensive investor starting point; only deviating from that norm as valuations rise or fall.        
  
DYI

This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.
This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!
The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.
The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.
Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

The Formula.

Saturday, January 2, 2021

Is America Waking Up?? More Lawsuits are Flooding the Courts!

 Covid-19

Plandemic

Don’t Trust Government(s)

Avoid Mainstream Media

Fight the Lies!

I'm a clinical lab scientist, Covid-19 is fake, WAKE UP AMERICA

Joe Rizoli
Posted at 


I'm a clinical lab scientist

I have a PhD in virology and immunology. I'm a clinical lab scientist and have tested 1500 "supposed" positive Covid 19 samples collected here in S. California. When my lab team and I did the testing through Koch's postulates and observation under a SEM (scanning electron microscope), we found NO Covid in any of the 1500 samples.

What we found was that all of the 1500 samples were mostly Influenza A and some were influenza B, but not a single case of Covid, and we did not use the B.S. PCR test. We then sent the remainder of the samples to Stanford, Cornell, and a few of the University of California labs and they found the same results as we did, NO COVID. They found influenza A and B. All of us then spoke to the CDC and asked for viable samples of COVID, which CDC said they could not provide as they did not have any samples. We have now come to the firm conclusion through all our research and lab work, that the COVID 19 was imaginary and fictitious.

The flu was called Covid and most of the 225,000 dead were dead through co-morbidities such as heart disease, cancer, diabetes, emphysema etc. and they then got the flu which further weakened their immune system and they died. I have yet to find a single viable sample of Covid 19 to work with. 

We at the 7 universities that did the lab tests on these 1500 samples are now suing the CDC for Covid 19 fraud. 

The CDC has yet to send us a single viable, isolated and purified sample of Covid 19. If they can't or won't send us a viable sample, I say there is no Covid 19, it is fictitious. The four research papers that do describe the genomic extracts of the Covid 19 virus never were successful in isolating and purifying the samples. All the four papers written on Covid 19 only describe small bits of RNA which were only 37 to 40 base pairs long which is NOT A VIRUS. A viral genome is typically 30,000 to 40,000 base pairs.

With as bad as Covid is supposed to be all over the place, how come no one in any lab world wide has ever isolated and purified this virus in its entirety?  That's because they've never really found the virus, all they've ever found was small pieces of RNA which were never identified as the virus anyway.

So what we're dealing with is just another flu strain like every year, COVID 19 does not exist and is fictitious.  I believe China and the globalists orchestrated this COVID hoax (the flu disguised as a novel virus) to bring in global tyranny and a worldwide police totalitarian surveillance state, and this plot included massive election fraud to overthrow Trump.

DYI:  All of these health agencies not just here in the U.S. must have known in advance that over time law suits will proliferate at an accelerated rate and yet they proceeded with this obvious scam.  Apparently they feel bullet proof to personal civil or criminal court proceedings.  However these agencies will likely end up paying fines but what good will that do when citizens around the world pay taxes to support these organization only to have their tax monies shifted from one agency to another.  Be as that may be I’m still thankful for all of the lawsuits that are taking place another piece of the pie for push back to the global elites attempted take down of the world.

DYI