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Moving Backward?

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Published : November 24th, 2008
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Category : Gold and Silver

 

 

 

 

If anyone understands this well, help me out here. But isn't this backwardation right now? Look, Dec. '08-June '09 gold costs less than cash-now gold. It wasn't even like this on Friday when Lance Lewis made his post. Compare the "Last" price column with the "Previous Settlement" column, which should be from Friday. Am I wrong? Or do we have more backwardation today? Is this normal for this chart?




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