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samking73
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Don’t Trade Last Week’s Silver Story!

- Keith Weiner - Monetary Metals

Excellent! Thank You, Very Much! I have learned quite a bit about market terminology in the last couple years but its sometimes hard to get an explanation that my tiny mind can wrap around.
thanks again!

Commented 4067 days ago

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Beginning of the headline :Since February of this year, there has been at least one silver contract in backwardation. Since May 31, the September contract has been backwardated. But that has now come to an end. Before we get to the graphs, let’s define our terms. Some people look at a graph of (cleared trade) prices. If they find a futures price that is below a spot price they declare it to be backwardation. One problem with this approach is that the quotes may not be simultaneous. A contract that is close to expiration o... Read More

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