There Is No Fever Like Gold Fever
Antal E. Fekete
Gold Standard University Live
Here is an update on the backwardation in gold that started on December 2 at an annualized discount rate of 1.98% and 0.14% to spot in the December and February contracts. It continued and worsened on December 8, 9, and 10 as shown by the corresponding rates widening to 3.5% and 0.65%. It is nothing short of awesome.
http://news.goldseek.com/GoldSeek/12...