http://investmentresearchdynamics.com/gold-bullion-bar-backwardation-is-truly-historic/
James Turk did an interview with Greg Hunter of USAwatchdog.com (interview
link) in which he asserted that the current backwardation in the London
gold bullion bar market is historically unprecedented. In response to
this, my friend and colleague “Jesse” of Jesse’s Cafe Americain asked me if this was indeed the case.
(For those who want a detailed explanation on what the GOFO is, please see this article I wrote last August: What Is GOFO And Why It’s Now Bullish For Gold).
No comments:
Post a Comment