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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (16798)1/29/2009 10:28:44 PM
From: RockyBalboa  Read Replies (1) of 71454
 
Well today the contango reaches $5 (up from 3.50) on an otherwise unspectacular day. Looks odd, the next month and the following are all green by a half and the current month lost 1 to 41.5. This month will clearly close with a 30 ish price again.

One day, a hefty backwardation jump will kill those skimmers in a minute.
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