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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (54066)12/11/2013 7:15:02 AM
From: Real Man  Read Replies (1) of 71452
 
I hate to sound like Jesse with this pounding of a single
indicator, but Gold/USD swap rate gofo went negative. This means
Pay up if you want to borrow gold.

lbma.org.uk

Is it a tail that wags the dog? So far it seems that changes in
Gofo precede price action.

Overall, Gofo, lease rates, and things like that do indicate shortage
of physical metal somewhere in the system, but when the rates are this
low, they appear to be meaningless.... Except to machines, maybe?
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