Crazy market behaviour

Surprisingly, stock markets around the world has rallied strongly.  But do fund managers consult scientists and medicos about the future?  The behaviour of the markets suggest these non-financial experts are totally ignored for their opinion.

Until an effective vaccine is found, the world economy cannot go up by leaps and bound.  If those fund managers haven't learnt from the Spanish Flu, then more people are going to get burnt... and more people are going to die.  Personally, the lockdown should only be relaxed when NO new cases are diagnosed for 2 weeks but I am just intuitive.

B2G

Many years ago, I invested in a gold explorer called Papillon Resources.  It found lots of gold in West Africa.  And then a big Canadian gold miner pounced on it and we are now left with holding a Canadian stock!

And then I bought another stock with gold in the Philippines.  And the same company pounced on it too.  So I am left with TWO same Canadian stock!

Luckily, it is gold!  Unlike my Aussie gold stocks, this one has gone to its peak.  That makes, based on valuation, the Aussie gold stocks are relatively cheap!  But I won't buy more of them unless they dip.  But gold price is predicted by Bank of America to hit USD$3000 per oz soon.