Covid 19 Pandemic

As a medico, I could see it coming but failed to take the hard decision of selling immediately.  However, over the course of time, may 30% were sold off.  Even gold stocks were worth selling off and then buying them back at a cheaper price but the plunge has been cushioned by the price of gold.

While gold producers have been great hedging beacons in our portfolio, production and facilities will be affected by lockdowns and illnesses.

The trough is nowhere near yet, especially with a moron running the White House.  The end result will not be a mankind calamity because less than 3% succumb (skewed towards the elderly and infirm) and the infection provides immunity.  The question is where and when is the trough.