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Subject:Backwardation Should Be Normal
By: Jason Hommel, Silver Stock Report Overview: If two vendors are selling silver, and one promises delivery in 3-5 days, and the other is backlogged for 30-60 days, then where would you prefer to shop? Clearly, you would rather get delivery now. And in the industry, in silver, it usually costs more to get silver now, rather than wait 2 months. So, backwardation, in that sense, should be normal. Link: http://news.silverseek.com/GoldIsMoney/1228945838.php |
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