I've spent some time today on the web looking for insight into...

I've spent some time today on the web looking for insight into the POG, particularly in relation to the recent sharp fall last week when the Pfizer vaccine was announced.
Below is a link to an article written by analyst Chirag Mehta (guru analyst and fund manager) who remains bullish and makes good arguments under the following sub headings;

• vaccine efficacy and timelines are of concern
• expecting a full and immediate restoration of economic activity is naive
• weak economy needs government support
• low yeilds will continue to limit bonds' utility
• weaker dollar (US) and inflation on the horizon

The article is worth a read and it make me feel very comfortable holding BDC in the immediate future.
https://www.livemint.com/money/pers...cy-bring-gold-prices-down-11605161536128.html
GLTAH