Financial Times: Wealthy Investors Demanding Unprecedented Levels of Physical Gold

Has the spot price of gold – or any commodity, for that matter – ever been this out of whack with physical demand?

Courtesy of the Financial Times:

“There is an enormous pick-up in investment demand. I have never seen a market like this in my 33-year career,” said Jeremy Charles, chairman of the LBMA. “The gold refineries cannot produce enough bars.”