gold, page-70771

Steve98. Doc's not worried about government's supporting, and later stimulating, economies. Printing is a misnomer, monetary systems have changed with technology. Governments can theoretically support their economy with infinite creation of digital money. In practice it cannot due to inflation pressures. The primary aim is to keep production and demand turning over goods and services, if production can keep marginally ahead of money in peoples pockets then inflation is steady and the big numbers are not an issue.

Everyone needs to make their own decisions. Doc is deploying funds in equities not gold, equities are where the biggest bang for you buck will occur within 12 months. Reason? Based on the assumption that the virus will be brought under control three months from now, people get back to work and an unprecedented sum of stimulus (and support already in the system) giving production a turbo boost = company cashflows.

If the virus is not under control by July then it paints a different picture, due to mass shortages in everything.

Equities not gold, just careful for the next three months is Doc's mantra. Tough call though, timing is notoriously difficult, could leave it late and miss the initial jump, which will as fast and dramatic as the fall.