Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label backwardation. Show all posts
Showing posts with label backwardation. Show all posts
23 September 2015

Swiss Refiner: Physical Tightness in the Flow of Gold Is 'Reflected in the Price Not at All

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"No correlation to the physical market. On-going tightness in the physical gold markets. physical tightness of flow is reflected...
17 September 2015

Lions and Tigers and Deriding the Theory of Gold Tightness At the Comex, Oh My!

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“Our clients will call up saying ‘I hear the Comex is running out of gold, what do you make of it?’ and our quick answer is that this is a ...
25 July 2013

Gold Backwardation: When Good People Make Bad Comparisons

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You may have heard some talk lately of 'gold backwardation.' Backwardation is a pricing phenomenon in the futures markets where...
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