by Mike ‘Mish’ Shedlock
The Wall Street Journal discusses an alleged epic shortage of gold calling it ‘Unaffordium and unobtanium’.
Unaffordium and Unobtanium
Please consider Coronavirus Sparks a Global Gold Rush by WSJ writers Liz Hoffman, Amrith Ramkumar and Joe Wallace.
It’s an honest-to-God doomsday scenario and the ultimate doomsday-prepper market is a mess.
It’s getting so bad that Wall Street bankers are asking Canada for help. The Royal Canadian Mint has been swamped with requests to ramp up production of gold bars that could be taken down to New York.