It seems that gold price has upturned the downturn. Amid the devastating impacts of COVID-19 pandemic, gold price climbed to a high of USD1,900 per troy ounce. At this level, gold price surpassed the previous high last seen in 2011. Is this a bubble in the making or the start of a multi-year bull run for gold price? Against the backdrop of soaring gold price, a member enquired what should be the investment strategy that one could undertake amid the downturn. Indeed, it is almost 6 months since the outbreak of the virus. In view of this, I do think that it is time opportune to take stock of the situation and the investment strategies to undertake. On 2 February 2020, I wrote an article, “Wuhan virus offers three opportunities to build wealth”. In that article, I had doubts that gold price would hit USD1,900 per troy ounce. Instead,...