What the global supply chain chaos means for gold

Gold Avenue/Staff/10-19-2021

photo image of stacks of gold and silver coins“With the direction of our current economic situation still unclear, investors might be right to protect their investment portfolio with a safe-haven asset against persistent global supply chain issues.”

USAGOLD note: Beyond the inflationary effects of supply chain issues, the gold supply is just as vulnerable to disruption as anything else. Oddly, this article overlooks that possibility. Of course, in gold’s case, a great deal of global production does not leave the country of origin. (China and Russia come to mind – the number one and three producers, respectively.) We caution buyers that if we do get disruptions in the flow of physical precious metals, it will be reflected directly in the premiums on coins and bullion, if not the price itself.

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