Outlook for the O&G industry., page-21

Good luck with that but I think there could be some ugly shocks still to come, including markets getting shut down. Only a few days ago the big asset manager names (I call them the US stock market bubble peddlars), Vanguard, Blackrock, JP Morgan were at a meeting where this was discussed. We only need another shock, say like the spread and mortality of the virus in the US being bad or worse than in Italy and they could shut markets. A two week shutdown could turn into a longer shutdown and what would happen when markets reopen? I think it was a good decision not to shut markets as I think that action would shake confidence further and that lack of confidence could spill over to the banks which are all being supported by central bankers at the moment in one way or another. I've been out of the markets since July last year, just with one significant holding in a gold stock that I've had for 20 years. It doesn't owe me anything, its reasonably well price and I have 100% trust in management so I could hold it through an indefinite shut down and not lose sleep but I personally wouldn't feel comfortable holding a stock portfolio with these sorts of discussions being had in the background. How would you feel to wake up one morning with your entire portfolio in suspension? Esh

https://www.fnlondon.com/articles/t...to-close-stock-markets-for-two-weeks-20200318

https://www.ccn.com/dow-jones-in-freefall-as-wall-street-begs-for-stock-market-shutdown/

https://digitaledition.telegraph.co...KbG~Dw__&Key-Pair-Id=APKAJLCEPDGCTPVKXNOA