Jesse's Café Américain

"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel

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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