RE: Silver28 Oct 2020 13:48
The markets are minging (technical term there!) today across most sectors. There's a lot of uncertainty what with Covid-19, and in particular the US election and we all know how much the stock markets love uncertainty. I think (hope?) that most of it will clear after the election next week, but further turbulence may be encountered depending on the result and the margin of any victory - pls lord let there be a clear winner, the last thing we need is a contested result. Until then it's batten down the hatches and put your head between your knees. But even if that gets negotiated we've then got Brexit on the near horizon so in short I think we've got a stormy time ahead of us for the next 3/4 months potentially. However, I suspect the US election is the biggest obstacle of the lot....? That being said, as everyone has pointed out I think PMs arewell set to benefit in the mid/long term and UFO is as good a place to be as any. I think we just have to sit tight. GLA