Peter Hug - kitco postThe recent interview of Peter Hug on kitco provides a good trader point of view on current market gyrations. Bottom line is that most professional traders will now be on the sidelines with cash until the election and the potential ugly election aftermath is done. He is still a strong believer that gold will be the place to be in 2021 and longer term holders of the metals should do well to hold tight. His belief on longer term gold is based on US (and others) to go big with stimulus regardless of election outcome. I'm not a trader but I do appreciate the points he has raised in the past.
Notwithstanding the recent wobbly sp for kirkland, I do think they have the goods and should do well in 2021. Placing the odd stink bid may not be a bad consideration given growing unknowns of economy, Covid, etc.....or maybe I'll just play ostrich and wake me up when its all over LOL.