Coronovirus appeared in China at the height of the confrontation in US and Chinese trade. Despite the crisis that he caused around the world, the US position on trade has not changed.
In a crisis and pandemic, stocking up with food, in Russia also with buckwheat, toilet paper, masks and other essential goods, which is very reasonable. But if we look at the price chart for gold, we find that its price is growing well. Gold has become a essential good ? In the end, it’s wiser to buy a Kalashnikov assault rifle. And the price for gold (over 1700$)is already very high. Who needed to buy it at such prices?
And here lies the answer to the whole situation with the coronovirus, the crisis caused by it and other restrictions. Those who buy gold in a crisis perfectly understand the price of Gold and the price of the crisis and vote in currency for thing we can not eating for lunch, with which it is impossible to cure the coronovirus and something else, but apparently it’s the main medicine for the banker's soul.
Yes, it is the bankers who buy it.
The question is why bankers. Firstly, if you look where gold storages, you will be surprised to find that it is primarily in banks. In fact, the gold miners primarily carried it there before, and now they probably do same. Second, bankers always have money to buy it, and in extreme cases, they can ask the government for it and they give them billions(US$) to buy it (the decision can take just a few hours). On Gold in crisis the price only rises , but gold is still bought, despite, it is essentially useless (40 percent of gold is used in jewelry and other gold mainly just stored in banks).
There are two conclusions from this: if gold is essentially not needed, it is bought in a crisis, that's mean crisis is needed only for transferring money from one pocket to another. This is already happen every day, but in crisis it just happen faster than usual, that why sufferers screaming -"CRISIS". As for the cocronovirus, different viruses arise periodically, but the panic is inflated by the media and the governments of different countries, but today it reaches incrediable size.
Solving this crisis problem can be very simple. It is necessary to offer bankers to give gold to the state during the crisis, and then they will quickly report that the crisis has ended. If we tooks some top bankers and place them in some hospital and infected them with a coronovirus, it turns out that the vaccine will be found the next day and the cost of the treatment procedure will be small. After all, bankers will not pay a lot of money for treatment.
In short, if everyone is screaming about the crisis, then just open the graph of the price of gold and look at the price, if it is high and at the same time it continues to rise (price on gold), then there is no crisis in real world, it just in heads of people.
text by S.S.