Backwardation
Silver futures are 7-11 cents below cash or spot. Gold futures 1-3 below cash spot. This is the March or front contract. Wow!
Silver futures are 7-11 cents below cash or spot. Gold futures 1-3 below cash spot. This is the March or front contract. Wow!
Thanks for this Noman
No man was watching the backwardation until you brought it up
Looks like today…It Matters
It’s a small move so far, why the victory flags already? The Hurst Cycle guy also called a rally here, small one for 8 weeks or so, but then spring summer pretty rough correction. I am going to ride this small wave but have an itchy trigger finger personally after it peaks. I dollar cost ave into phyzzz so long term bull position is not my trading strategy.
https://www.youtube.com/watch?v=jykCrf61LOU