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Daily Reckoning/James Ricards
“Gold will be in such short supply that only the central banks, giant hedge funds and billionaires will be able to get their hands on any. The mint and your local dealer will be sold out. That physical scarcity will make the price super-spike even more extreme than in 1980.”
USAGOLD note: Ricards concerns are legitimate. There is a finite supply of the historic gold coins and the mints have been known to lock-up under the pressure of high demand – unable to supply the market. At the moment, the supply lines are still functioning smoothly but there could come a time when they are not – a possibility that has received scant attention in the context of the coronavirus contagion.
Repost from 3-5-2020