Yes for producers with hedges in place I know RMS along with other could really get hurt if they have to stop production from COVID fears ... but talk around the will allow them to push forward hedges which end of the day are usually only a minor hedge of production ... I understand very few ASX Gold producers have hedges in place..
whats going drive bullion is demand over supply ...even when the worlds over the FEAR of COVID we have one hell of a mess of financial terrorism = Quad Trillions of bad debts + 0% to Neg rates .....and trust in central banks+Govt actions to rebuild .... Gold+ Silver bullion have no counter party risk many will love that idea over the next 12months
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