Defaults Are Coming

by Keith Weiner
Gold Seek

We are reading now about possible regulations for air travel. In brief: passengers might be forced to spend hours at the airport. Authorities will perform medical checks, including possibly needles to draw blood, no lounges, no food or drink on board the plane, masks required at all times, and even denied the use of a bathroom except by special permission.

We would wager an ounce of fine gold against a soggy dollar bill that people will hate this. The majority of vacationers will not want to fly. A holiday is supposed to be fun, and air travel promises to be a lot less fun that it was in March.

Even business travel will be discovered to be a lot more discretionary than previously believed. Forgetting continuing education and conferences chosen in tourist hotspots such as Las Vegas and Maui, even business meetings may be done remotely (they already have been, for three months).

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