Logically it is difficult to accept the narrative about the pent up demand but observing the BNPL sector, millinials seem fearless about their immediate future.
A vaccine i suspect isn't so straight forward. The politics of it (first mover advantage) to leverage ally making without full implementation of trials could be similar to Oz initial crushing the infection curve success only to get a more deadly repeat. If equity markets is a good judge of future, this is what it is saying.
I was never into gold bars, prefer the gold equity leverage and since the collapse of gold in 2011, there have been a new breed, smarter and more opportunistic and have rewarded long term holders.
As they say, every crisis is an opportunity. I didnt take the recent one again since barely a month of massive sell off, didnt even had time to evaluate befire we saw the V shape recovery. I followed the wrong expert contrarians against Wall St experts! Live and learn.
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