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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (6972)11/30/2014 11:11:53 PM
From: Real Man  Read Replies (1) of 26251
 
Well, this nothing unusual gold backwardation condition happened in 1999, then 2001, then in
in mid 2013 when gofo got to -0.1.

Tomorrow we could see -1-2%
The condition was followed by significant advance in pog.

In 2001 it was 255 to 335 in 3 days.
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