I will be very short on this writing. See this
- People though this virus was just a speculation and then they start buying gold/bitcoin at the beginning.
- Fed realized that this virus will create a liquidity problem since chaos will create a move for storing money. They release a large amount of "worthless" USD.
- As the number rose for infection, people took it seriously. Now, people will need back up to buy food with cash. They even withdraw even empty bank accounts!!! These days you can not go to a market to buy stuff with gram of gold or a physical bitcoin (just ignore the part with hard/cold wallets).
- Since consumption went down and people scare to travel, oil price went down. Very simple and no need to be nerd to understand this.
You, readers, can make this list longer...
So what to do? that is what exactly you know.... Buy Buy Buy... It is all about couple of months