Swiss Economicblogs.org
See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Quantity Theory Revisited The price of gold fell another ten bucks and that of silver another 28 cents. Perspective: if you’re waiting for the right moment to buy, the market is offering you a better deal than it did last week (literally, the price of gold is a 7.2% discount to the fundamental vs. 4.6% last week). If you...
Read More »Crying Wolf, Report 22 July 2018
