Looks like we will sit around 69-70 cents. I think that is too...

Looks like we will sit around 69-70 cents. I think that is too low given fundamentals, but sentiment, risk, panic, toilet paper all need to be considered. It does appear we (the world) are resigned to the virus running around the planet (like the Spanish Flu) and the frail will end up with pneumonia and 50% of the frail that get it will die from respiratory illness. It is what it is.

Now I am in my 60s (but not really frail) so I am a good barometer. That is, if I was 70+ with underlying illness I am in panic stages and worried. My 60 and healthy means just 'be careful and wise'. And people under 50 (the bulk of the world) seem to be just something they will mostly have - a really, really bad flu.

There is no way this new flu is going to be stopped. Just like there is no way the other 4 corona viruses in the population stop. They just circulate.

The point of my comment is from a business point of view the entire planet economy seems they will find a new base line. Activity will be less. People will be more careful. Interruptions to operations will be more often. In short, the new economic landscape will just be lower and less as people and businesses deal with this new headwind.

re Zenith investment it seems (I hope) we are a bit 'immune' from this. I wont rehash my previous posts' comments. I just summarise if the world economy learns how to cope with this and the price of gold is good, then we, fundamentally are OK - even better than most. It was my plan to hide my investment in some safe place. I hope Zenith fulfils that. My brain and calculator says it does! But my hearts says 'sell, sell, sell and go buy toilet paper'. That balances to me doing NOTHING!