February 24, 2020

Gold surged as high as $1,688 today as the corona virus continues to spread with hundreds of new cases popping up in Italy and South Korea.  The sudden spread of cases outside China is pushing the significance of the corona virus from an epidemic to a pandemic and equities are getting hammered as a result.  The Dow is currently down about 1,000 points or 3.45% and the S&P and Nasdaq are down 3.43% and 3.88% respectively.