When disaster strikes, it is critical to have an insurance policy. Simon Mikhailovich, co-founder of The Bullion Reserve, joins Real Vision to explain what the global coronavirus shutdown has meant for the global economy and financial markets through the lens of the gold market. He explains how both gold refineries and bullion dealers are dealing with accelerated supply and demand pressures because of refinery shutdowns and a significant step up in demand from investors looking to protect their wealth. He examines why the dip in gold prices is normal behavior for gold during the early stages of a crisis, how gold acts as insurance, and why the prices of physical gold and paper gold derivatives have diverged so dramatically in recent weeks. Finally, Mikhailovich reveals why the recent bounce in markets is a gift for investors and the most important factors to look when implementing gold as insurance against financial calamity.