Silver backwardation and the makings for a short squeeze Silver price is treading water lots a catalyst that bubbling here we rebuilding in Japan -- in the futures market and -- haven buying. Joining me for the trade at the nymex it -- our trading Anthony it is the whole Clinton catalysts that should be pushing silver higher but they're not
because of extreme shortage people fear that they wont get hold of the physical in a future time. so they want it now. so the price today is higher than that of a future date. for example if a seller promises to deliver u physical in 2015 at § 20 an oz wouldn't u rather take delivery now paying a little extra knowing well that there wont be any silver in 2015? that's backwardation. JP Morgan won't take it's own ETFs as collateral
Tracking Gold Silver and Precious Metals Markets worldwide
Showing posts with label BACKWARDATION. Show all posts
Showing posts with label BACKWARDATION. Show all posts
Monday, March 21, 2011
Sunday, February 13, 2011
BACKWARDATION and the fall of the bankers
The Silver is in BACKWARDATION and the fall of the bankers It's happening right now, and it will change everything.
It's still winter but things are getting hot, hot, hot. Barclays reports solar panel usage is expected to jump up to use 7% of production; mines are borrowing metal for their hedge programs, high grade silver is getting swooped before it reaches the street, coin sales are at record levels, Comex is at four year low (Reuters)
Money had been leaving SLV. Lots and lots of hard data to back up this one beyond a doubt.
It's still winter but things are getting hot, hot, hot. Barclays reports solar panel usage is expected to jump up to use 7% of production; mines are borrowing metal for their hedge programs, high grade silver is getting swooped before it reaches the street, coin sales are at record levels, Comex is at four year low (Reuters)
Money had been leaving SLV. Lots and lots of hard data to back up this one beyond a doubt.
Subscribe to:
Posts (Atom)
Popular Posts
-
An ingot is simply a bar of gold; it may have some standard specification as to size or weight, a .9999 is refined gold (highly refined---t... -
Marc Faber : "I'm not sure that Gold will not make a new high this year, but I think we've bottomed out and some gold min... -
Own Gold Directly Where it is Cheaper, Easier and Safer – Bullionvault.com For the wea...
-
Gold Mining Shares have become very very inexpensive says Marc Faber : I am not sure that gold will make a new high this year but I think... -
Central Banks Purchased 70.3 Tonnes Of Gold In April 2012! : Data from the IMF showed that Argentina purchased 7 tons of gold last year as... -
Peter Schiff : I own a lot of gold i own a lot of gold stocks , over the last 6 months to a year they have not gone up in fact the gold st...
-
Thailand is taking part in the global gold rush. There is so much demand for it that the Thai Gold Traders Association says some shops hav...
-
Silver and Gold prices have taken a nose dive on Thursday and then again today Friday . $1,500 Key Support Level for Gold says Jon Nadler, ...
-
Question : Are We Going Back To The Gold Standard ? Jim Rogers : I think it's unlikely. I know there are lots of people who would... -
Bob Chapman : gold and silver are going to go up a 100 to a 150 percent within the next 6 months Bob Chapman : ...commercials m...
