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corona virus cases going up in usa and europe ..more lockdowns coming ?
as we write this , there was a record number of cases in usa – 83,500 or so , two days in a row in the us .
in europe as well , the cases were going up..
while the effect will be known after some time , the immediate knee jerk reaction is more lockdowns and moving restrictions
this will further effect the same sectors again – travel , restaurants , hospitality , bars , etc.
this will boost need for a further stimulus .. more money printing .. causing an increase in precious metal prices – gold , silver and platinum ..
the major currencies – us dollar , euro , japanese yen are all likely to fall – at least 20 to 30 percent and the digital currencies – bitcoin is likely to go up a lot .. at least 40 – 50 %