BGL 1.13% $1.31 bellevue gold limited

well said like the russian vacc this has unproven efficacy and...

  1. 143 Posts.
    lightbulb Created with Sketch. 732
    well said

    like the russian vacc this has unproven efficacy and unknown side effects beyond 6 months
    the uptake will be diluted by the 10% fail rate and those that choose to not vacc because its unknown side effects
    the contagion needs rapid tests for detection and continual use of masks and social distancing
    the fundamentals of gold as an imperative asset of choice given the relentless money printing and supply we are witnessing should see gold continue its appreciation

    the pfizer announcement was an " announceable" triggering a diversion and jump in cyclicals and tourism related stocks
    like the russian vcc and other pharma stocks we will be conditioned into thinking the panacea has been found

    the sad reality is that the world is still bleeding and suffering and a vacc that has a high efficacy of 99% + and no or limited side effects will take time.........

    so asset managers will continue to park cash into gold as a reserve currency and safe haven from the wild card of the share mkt






 
watchlist Created with Sketch. Add BGL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.