http://www.ingoldwetrust.ch/gofo-turned-negative-again-the-consequences
Today (April 3, 2014) the one month Gold Forward Offered Rate (GOFO)
turned negative again. This is the seventh time since July 8, 2013 this
has happened. I would like to share a few thoughts on this.
A few weeks ago when I wanted to see and download GOFO rates these
were easily accessible on the LBMA website. This site, however, recently
suffered a makeover. A few days ago I couldn’t find the GOFO rates at
all, then when I did find them I noted they weren’t allowed to copy! I
directly emailed the LBMA about it, this was their response:
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