I believe the analogues being drawn between now and 2003's SARS outbreak are NOT helpful as being instructive or even vaguely predictive. The hard numbers accuracy is so whiffy air fresheners on jet streams won't blow the stench away. 2011's Fukushima is a better analogue. Especially so in examining global supply chains, laser focused on the car industry -- one cannot build a car with 99% of the parts.
Another bit of news that year, which undoubtedly marked was Au breached $1600. The chart below c/o Ashraf Laidi, a London based Forex trader, is something to ponder, ie. plugging in the two charts against the economics of today's world:
PS It somewhat bothers me that much of the thesis supporting Au's re-ascendancy is based on different flavours of gloom, BIIWII, or as Dylan wrote, "Money doesn't talk, it swears.
GOR Price at posting:
$1.71 Sentiment: Buy Disclosure: Held
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