"Virus numbers are dropping, daily traffic is almost back to...

"Virus numbers are dropping, daily traffic is almost back to normal and the belief is that the worst is over.
Gold may have already played its role."

Even if the virus had gone away, which it hasn't, a lot of money has been conjured up from thin air already, and commitments made to conjure still more down the track.

And as the lady spokesperson for one of the US states said about a month ago:
We are just as naked to the virus as we were at the start.

Even the Swedes are probably a year or two or three away from achieving any meaningful level of acquired immunity.
And that's only if their real case-count is at least 10 times greater than what they are confirming.

There have been announcements about various random seropositivity surveys that ostensibly found high percentages of exposure in various places, such as 21.2% in NYC.
But nobody is talking about the survey results now.
Probably because of recognition that the available antibody tests cannot distinguish antibodies to Covid19 from antibodies to other corona viruses.
Until a test with a reliable low false positive rate is deployed, we are very much in the dark as to what the real level of acquired immunity is.

The virus is utterly indifferent to Trump's desire to get re-elected.

A colleague who resides in semi rural Colorado tells me that, with the lifting of restrictions, their local shopping centre was absolutely chocka last weekend.
We in Australia might be able to get away with crowding the shops to some degree because of our very low case counts, but that saving doesn't apply to large parts of the US.

If cases tick up in the US, it could get real ugly.
Any re-imposition of restrictions will be extremely hard to enforce.

It ain't over until its over.

Cheers.