Sunday
Keith Weiner wrote an excellent piece (well worth reading in full) this week that mentioned the topic of the Gold ‘shortage’. To spell it out in even simpler terms – there is no Gold shortage.
Demand is strong and producers cannot keep up. Minting small weight Gold coins and bars is not something that can be ramped up overnight. So yes, there is an immediate shortage of small weight Gold, but that does not translate into a shortage of Gold.
Compounding the problem is the Wuhan Virus, which has caused some of the mints to temporarily close.
And that’s it; normal deliveries will resume shortly.