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Gold/Mining/Energy : Silver Super Bulls

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To: TheSlowLane who wrote (324)9/17/2003 9:02:48 AM
From: Silver Super Bull  Read Replies (1) of 1281
 
Paul,

Although it is certainly no guarantee of any future price movements, it ~can~ mean that there is tightness in supply in the current month (that being December futures in this instance)

The silver market typically is in contango, meaning near-term futures prices are less than the outer months.

This backwardation development is certainly something to monitor.

DB
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