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Physical Gold In Short Supply Due To Problems Stemming From Coronavirus

Ramsey Baker

Summary: The World is currently dealing with a shortage of physical gold due to supply chain interruptions, investor flights to safety and major actions by the U.S. Federal Reserve to shore up the financial system. The price of gold suffered a 7% correction last week but bounced back after the Federal Reserve announced its unlimited stimulus ...

The World is currently dealing with a shortage of physical gold due to supply chain interruptions, investor flights to safety and major actions by the U.S. Federal Reserve to shore up the financial system.

The price of gold suffered a 7% correction last week but bounced back after the Federal Reserve announced its unlimited stimulus measure, which follows a similar trend that was observed in the 2008 financial crisis.

By Ramsey Baker

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