much larger structural issues post the virus catalyst will be very bad for stocks after the initial optimism rally. All good for gold and in particular well managed goldies.
Risk Parity funds have probably done their margin calls and portfolio rebalance (gold perfumed well relative to stocks but made up a higher percentage of portfolio). QE++ already in motion with MMT add-ons in the wind, multiple global bubbles converging - mother of all recessions.
$3.90 valuation by GS updated, page-377
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