Gold shortage in the USA

32

The pandemic raging in the United States led to a surge in demand for gold in the country, which led to a shortage of bullion and coins among American bankers.

The lack of gold in the vaults led to the fact that dealer banks involved in the sale of this precious metal began to close.



Closed even the famous Swiss bank Credit Suisse, which began trading in gold bullion in 1856. The bank management made a public statement in which it asked not to disturb the credit institution in this regard.

It would seem that, with the enormous gold reserves stored at Fort Knox, Washington could have brought down a wave of demand. However, current legislation does not allow the sale of these stocks in the free market.

Gold shortages in the country forced American bankers to seek help from the Royal Canadian Mint. But Canadians were not able to provide assistance: the coronavirus factor was added to the gold shortage - the mint employees were sent home for an indefinite time.

In connection with the cessation of international air transportation, it became impossible to deliver gold from South Africa and Peru, from where precious metals were brought in safes in the amount of not more than five tons before the pandemic.

Considering that the situation with coronavirus in the USA and in the world is far from stabilization, it is difficult to predict when American banks will again be able to fully satisfy the demand for gold.
32 comments
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  1. 69
    69
    +3
    28 March 2020 16: 05
    Poor, unhappy, and the gold that was stolen from Iraq has already ended?
    1. mor7d
      mor7d
      -4
      30 March 2020 09: 29
      Did they steal it? But was it? USSR stole gold reserves from Spain, where is it? Was he returned?
      1. plabu
        plabu
        +3
        30 March 2020 11: 26
        Quote: mor7d
        Did they steal it? But was it? USSR stole gold reserves from Spain, where is it? Was he returned?

        Did you try to find out at least the basic facts on the issue? There was already a "colleague" from Kazakhstan, he was also screaming about this, isn't he being reborn in your face ?? bully
        And about theft - take the trouble to learn the materiel first, there is no theft and never was. hi
        1. mor7d
          mor7d
          -3
          30 March 2020 11: 41
          What are you talking about? If the theft of gold by the Americans, it’s a Russian fake, and the theft of the USSR of Spanish gold is a historical fact.
          1. plabu
            plabu
            +2
            30 March 2020 11: 45
            Quote: mor7d
            What are you talking about? If the theft of gold by the Americans, it’s a Russian fake, and the theft of the Soviet Union of Spanish gold is a historical fact

            If this is a historical fact for you, it means that you do not know history well. hi
  2. King3214
    King3214
    +2
    28 March 2020 16: 54
    However, current legislation does not allow the sale of these stocks in the free market.

    - is it difficult to make this legislation "inoperative"?
    The Senate gathered with Congress, in five minutes the Law was adopted and immediately put into effect. Donya will sign. What is the problem?
    1. mor7d
      mor7d
      -4
      30 March 2020 09: 29
      This is Congress and the President, not the Duma and Putin. There is a big difference.
      1. King3214
        King3214
        +2
        30 March 2020 10: 30
        These Americans (congressmen with senators) are generally very obedient and work at the click of a finger, especially when money is at stake. YOUR money.
        1. mor7d
          mor7d
          -2
          30 March 2020 10: 31
          Do not confuse the Russian Federation and America, these are two big differences.
  3. Ivan Ivanov_18
    Ivan Ivanov_18
    +3
    28 March 2020 17: 09
    However, current legislation does not allow the sale of these stocks in the free market.

    Insured? Perhaps theories about his absence at Fort Knox are not far from the truth?
  4. Ivan Ivanov_18
    Ivan Ivanov_18
    +1
    28 March 2020 17: 11
    No toilet paper, no gold. But what does the invisible hand of the market do?
    1. 123
      123
      +4
      29 March 2020 09: 29
      No toilet paper, no gold. But what does the invisible hand of the market do?

      Masturbation laughing
    2. mor7d
      mor7d
      -5
      30 March 2020 09: 28
      Himself not funny? The richest country in the world, the first economy in the world, the only super technological power.
      1. King3214
        King3214
        +2
        30 March 2020 10: 31
        The world's first economy is China. For several years now. With awakening, resident of yesterday!
        1. mor7d
          mor7d
          -4
          30 March 2020 11: 38
          China is by no means the first economy in the world. They are growth champions, yes, that’s not to be taken away from them, but this growth has ended. With awakening, a resident of the looking glass!
  5. monman
    monman
    0
    28 March 2020 17: 59
    The pandemic raging in the United States led to a surge in demand for gold in the country, which led to a shortage of bullion and coins among American bankers.

    I don’t understand anything! The release date is March 28, and the content of the article is April First!
    I understand that it is necessary to attract the reader, but to print nonsense for this? Or Google is lying, because can't find anything like that? So I believe in Google !!!
  6. albor.ru
    albor.ru
    +3
    28 March 2020 18: 25
    The United States has already released so many dollars that they are 3 times higher than the total cost of the product.
    So where is the gold to get enough !?
    All the gold ever mined in the world fits in a cube with an edge of 21 meters in length.
  7. Cheburashk
    Cheburashk
    +2
    29 March 2020 13: 40
    Quote: 69P
    Poor, unhappy, and the gold that was stolen from Iraq has already ended?

    Well, if you consider how much gold from other countries like "lies" in the States, the question remains !!!! The Germans wanted their gold back and the Americans sent them culturally to their German mother!
    1. mor7d
      mor7d
      -5
      30 March 2020 09: 26
      This is a lie. The Americans returned to the Germans their gold on demand. The Germans counted it, melted it into other ingots and returned it to America for storage. There is no more reliable place to store gold.
  8. mor7d
    mor7d
    -4
    30 March 2020 09: 24
    Nothing, the Americans are full of money, and in the Russian Federation is full of gold, but there is no money. You can sell gold and get money.
    1. King3214
      King3214
      +1
      30 March 2020 10: 35
      American, colored, cut paper is not even suitable for replacing toilet paper.
      Reputable banks are already refusing to open dollar accounts. And you go, buy dollars in the exchanger!
      1. mor7d
        mor7d
        -3
        30 March 2020 11: 35
        I'll go and buy it, of course.
    2. plabu
      plabu
      +2
      30 March 2020 11: 30
      Quote: mor7d
      Nothing, the Americans are full of money, and in the Russian Federation is full of gold, but there is no money. You can sell gold and get money

      These green little candy wrappers are unlikely to fit even as toilet paper, do they translate gold into them ??? In your family, you know better, yes, but you don’t even have to try to distribute such pearls to the rest. hi
      1. mor7d
        mor7d
        -2
        30 March 2020 11: 36
        Nevertheless, this is money for which you buy toilet paper.
        1. plabu
          plabu
          +1
          30 March 2020 11: 43
          I won’t persuade you and try, you are free to express your opinion, I have something else, and you and your fellow enthusiasts spend time on argumentation, you either need sources or links, BUT from you (all) figures you will wait, so you yourself and just look for yourself ...
          PS You can buy toilet paper from us, but NOT for dollars. hi
          1. mor7d
            mor7d
            -2
            30 March 2020 11: 48
            Convincing what? What do you not pay in dollars or euros? Your toilet paper is bought for dollars, and you are sold for rubles. So understandable? Understand at last, without dollars you cannot produce it, without imported machines, components of this paper, yours is only firewood, wood, raw materials.
            1. plabu
              plabu
              +2
              30 March 2020 12: 08
              Quote: mor7d
              Convincing what? What do you not pay in dollars or euros? Your toilet paper is bought for dollars, and you are sold for rubles. So understandable? Understand at last, without dollars you cannot produce it, without imported machines, components of this paper, yours is only firewood, wood, raw materials

              How are your stamps and not only already tired, I buy the same from relatives, and I know quite well what, how and where. I have to disappoint you - NOT for dollars, I won’t disclose the rest of the details, why?
              1. mor7d
                mor7d
                -3
                30 March 2020 12: 14
                There is nothing to publicize, I know that there is nothing to publicize, and the USSR and the Russian Federation are not able to produce anything themselves. In fact, this is not a problem, it’s not a problem for anyone, only you, well, maybe even the North Koreans, are trying to pretend that you can do without the West.
                1. plabu
                  plabu
                  +1
                  30 March 2020 13: 19
                  Quote: mor7d
                  There is nothing to publicize, I know that there is nothing to publicize, and the USSR and the Russian Federation are not able to produce anything themselves. In fact, this is not a problem, it’s not a problem for anyone, only you, maybe even North Koreans, are trying to portray that you can do without the West

                  And your "knowledge" is also NOT a problem for anyone, but apart from the West - well, as you wrote, there are still many who are, but you are not interested, you have a different program and goal. bully
              2. The comment was deleted.
                1. plabu
                  plabu
                  +2
                  30 March 2020 13: 20
                  ... it was useless, though, like a goat's milk, but there was no harm, however ...

                  - this is just about him, in my opinion ...
  9. Cheburashk
    Cheburashk
    +1
    30 March 2020 13: 05
    Quote: mor7d
    This is a lie. The Americans returned to the Germans their gold on demand. The Germans counted it, melted it into other ingots and returned it to America for storage. There is no more reliable place to store gold.

    What do you smoke or read ?????
    1. plabu
      plabu
      +2
      30 March 2020 13: 22
      Quote: Cheburashk
      Quote: mor7d
      This is a lie. The Americans returned to the Germans their gold on demand. The Germans counted it, melted it into other ingots and returned it to America for storage. There is no more reliable place to store gold.

      What do you smoke or read ?????

      In my opinion, he voices his fantasies. bully