Golden glitter brings trouble???

In the midst of the state of concussion that the covid-19 has brought, no one has escaped presenting symptoms. Some of ways so interesting that they foster curiosity and ingenuity to solve problems that continue to recur in the field where they work.

If we look at some of the most interesting victims, we find gold and silver, which despite their revaluation in recent months as a result of pandemic calamities, did not stop being infected by this tiny being that has affected many in different areas.

Covid-19 surfaced some sitomas in these metals that could be put into operational quarantine if neglected in the recovery process. These symptoms are related to the logistics that surround these assets and the escalation of difficulties associated with their movement, the increase in canceled flights and the appearance of restrictions on all types of transport, make it impossible for refineries to send gold shipments. to the main markets. In the few flights available, the fight between the production of gold and the necessary medical equipment to fight the epidemic is strong. Obviously, whoever leads all to win is the latter because it is a priority above all.

The coronavirus crisis has brought up an aspect in the precious metals markets that usually goes unnoticed: the logistics of transporting gold and silver from one country to another.

This entire process has been disrupted by the suspension of most commercial flights due to restrictions imposed to combat the coronavirus epidemic. This has had unexpected effects on an industry accustomed to moving metals from one point of the globe to another in just a few hours: prices in the different key markets have begun to diverge and even the London market has considered the possibility of making metal deliveries in other cities.

Due to these restrictions, the precious metals industry is looking for alternative ways to keep gold and silver flowing in the markets. This has become a real stone in the shoe for many of the companies involved, as even when space is found on an aircraft, the precious metal shipment can be landed without notice in case space is needed for a cargo of medical supplies.

Mobility is a key symptom that many fail to weigh, and for gold and silver it is a delicate situation. However, for the ugly (in my previous article I define it), this situation is unsuccessful, and yes, I speak of the third value that deserves a space in this writing, bitcoin.

And is that any delay that causes gold and silver, bitcoin takes advantage of it more and more every day and something must be clear, this currency is inevitable.