Panic, suffering, economic shutdown, unemployment... The current

pandemic has a long list of pessimistic outcomes, but when the wave of

panic will fade away, and nations will start reasoning, a solution will be

envisaged. How will the world after and its subsequent economy look like?

Data published last week by the US Department of Labour showed that

the number of initial claims soared to 3.2 million. It represents a historical

peak, the previous peak being observed in the 1980s. Most of YouTube

vloggers you watch, influencers you follow, Instagram models you aspire to,

or other Kardashianesque characters are most-likely amongst the

unemployment benefit claimers. The world will recover after this crisis, but

will not go back to what we once knew. Selfies from Pattaya, Instastories

from Burj-al-Arab and Snaps with Lamborghinis may become distant

souvenirs.

The current economic stoppage is consumerism's biggest enemy. Without

consumerism, banks may need to reinvent their business models and to do

what they are supposed to: finance the real economy. Indeed, we may

witness a strong wave of reindustrialisation in western economies, which

are depending at an overwhelming extent on Chinese means of

production.

Therefore, the shape of the post-pandemic economy could be massively

remodelled and may constitute the end for some and beginning for others.

War against unemployment

A large-scale machine industry that is also capable of re­organising

agriculture is the only material basis that is possible for socialism.

(Lenin, "Theses for the Report on Tactics at the 3rd Congress of the Communist International")

“

There is life even after a global pandemic: A New Life

March 30

Dr. Marius-Cristian Frunza

Research Brief

U.S. jobless claims surged to a record 3.28 million last week

Gold price shows outstanding resilience to the current crisis. The other

precious metals including Silver and Platinum lost significant territory

since early March. Nevertheless, this holds true for the paper market. In the

physical market, dealers report a surge in demand and a foreseeable

shortage of silver.

Commodities market:

Foreseeable shortage of physical precious metals

The stock market rebounded miraculously after the US government, along

with other leaders of big economies, deployed the heavy artillery to bailout

the frozen economy. The market rallied a few days before United States

President Donald Trump signed a massive 2.2 trillion USD economic rescue

bill to help lift the US economy devastated by the spread of Covid-19. The

size of the rescue bill is not the only premiere. It is the first time since

Trump came in the White House, Democrats and Republicans joined

forces to do something for the people.

In the long run, compared to the 2009 levels, the stock market is still in

positive territory.

Many analysts foresee already a “V” shape recovery, but before talking

about a recovery, we need to pass over the bottom of the valley. The

stimulus brought confidence in the market. But, it did not bring

momentum. We would be able to talk about recovery when we know

about how long the lockdown will last and how dramatic will be the spread

of the disease in the US. Until then, all bets are off.

Market overview

Silver is cheap, but hard to find

Massive 2.2 trillion USD stimulus and market recovers

Our prognosis for the stock market is still bearish despite last week’s rally. A

second dip could come in the next two weeks and the Dow Jones may go

deep beyond the 20,000 support level. As we forecasted, the Brent reached

the 25 USD level and will continue to move in negative territory until June.

Over the last 10 days two signs of hope resurge in the news: The name of

Professor Didier Raoult and the miracle treatment consisting in the

association of Hydroxychloroquine and Azithromycin. One of the biggest

producers of Chloroquine is the Indian company Cadila Healthcare, listed

on the New York Stock Exchange. Cadila share rallied last week amid

rumours that the Centers for Disease Control and Prevention will approve

the mass usage of the chloroquine. Nevertheless, the stock price remained

stable since the beginning of the crisis and has better perspective than the

S&P 500.

Market outlook

6,000

6,500

7,000

7,500

9,200

10,000

1,640

1,680

1,700

1,800

1,850

1,900

20,000

18,500

17,000

16,000

18,000

21,000

23

20

22

30

30

50

1 week

2 weeks

1 month

June 2020

Sep 2020

Dec 2020

Horizon BTC Gold Dow Jones Brent

Seemingly, the coupling of futures and physical precious metal markets is

a plausible scenario. Indeed, physical silver is a safe-haven in period of

extreme crisis, thereby a surge in silver demand being highly probable in

the near future.

Second market dip under horizon

Positive outlook for Chloroquine producer

Stock of the week:

Cadila Healthcare

Weekly movers

Top Winners

$0.03512

$0.3715

$6.912

$0.02338

$0.006215

85.13%

79.82%

56.34%

56.28%

55.65%

YOU

MTL

THX

PIXL

MSDT

Coin Price Weekly Change

$6306.42

$0.1737

$131.08

$1.003

$215.98

$157.06

$38.7

$2.206

$12.03264

$1.593

$115,373,588,992

$17,368,584,483

$14,458,976,741

$4,656,294,516

$3,965,020,698

$2,882,885,708

$2,503,058,744

$2,251,321,218

$1,871,518,730

$1,291,771,477

9.25%

-3.03%

-4.14%

-0.1%

-2.66%

-7.67%

-1.05%

-3.92%

-1.77%

-5.29%

0.1%

-26.2%

-24.18%

-39.78%

-29.46%

-26.02%

-33.45%

-37.35%

-37.62%

-41.97%

-44.13%

-7.95%

-36.33%

-48.09%

-31.48%

53.34%

0.3%

27.39%

139.17%

50.28%

BTC

XRP

ETH

USDT

BCH

BSV

LTC

EOS

BNB

XTZ

Coin Price MarketcapWeekly Change

Monthly Change

Yearly Change

Weekly Range

$5874.8

$0.1574

$124

$1.001

$202.69

$146.2

$36.61

$2.091

$11.29

$1.463

$6980.29

$0.1879

$143.81

$1.005

$233.71

$181.02

$41.37

$2.382

$13.3

$1.795

$1.163

$0.01495

$0.006718

$0.4018

$0.0027

-42.43%

-40.46%

-35.77%

-32.66%

-30.0%

BUX

STPT

XWC

SXP

BURST

Coin Price Weekly Change

Top Coins

Top Losers

Total MarketCap

$174 Bn 4.81%

Total Volume 24H

$107 Bn 18.93%

BTC Dominance

65.52% 0.56%

ETH Dominance

8.25% 0.06%

Active Cryptocurrencies

3,585

/researchVisit darqube.io

The information and data published in this newsletter were prepared by the market research department of

Darqube Ltd. Publications and reports of our research department are provided for information purposes only.

Market data and figures are indicative and Darqube Ltd does not trade any financial instrument or offer

investment recommendations and decision of any type. The information and analysis contained in this report

has been prepared from sources that our research department believes to be objective, transparent and

robust.

Intelligence beyond data

Dr. Marius-Cristian Frunza