RE:Down, but still best in class!raglo wrote: Listened to Eric weekly wrap, he was wrong. He has been panicking for last few week about Covid 19. wrong about gold price, dropped almost $100 today and broke support at 1550. So all the producers got hit 12-15%. Kl about 8%. But KL will still make good money with 1500. KL will recover first, now that the stock market has turned. Trump's news conference set the right tone for stopping the irrational fear that has spread in the news and social media. H1N1 in 2009 was bad but we did not see the panic that we see now, of couse we did not have the social media to spread hysteria. H1N1 had 60 mill cases 18000 deaths.we learned a lot since then so this too will pass.With new drive through testing, better drugs and Telemedicine we should be able to contain this Pandemic to by half or less.
https://www.worldometers.info/coronavirus/
This website is a good source of the status of Covid 19 presently.
As the saying goes "all we have to fear is fear itself"
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Yea but who said that wasn't it FDR ?
Didn't FDR raise income taxes to 90%. Sounds a lot like Bernie S..(BS ideas)
At least gold stocks did well then !!