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Member since March 2013
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>Shortodile Golddee: That's not backwardation  - Bron Suchecki - Perth Mint
OK Bron, gold is less likely to run out than oil, because gold is money and oil is a commodity. Was that your point? Or you just like Hogan and this was a good opportunity...?

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Beginning of the headline :Shortodile Golddee is threatened by a goldbug with backwardation Sue Shortton: Shortodile Golddee, give him your short positions. Shortodile Golddee: What for? Sue Shortton: He's got backwardation. Shortodile Golddee: [chuckling] That's not backwardation. [draws a oil chart] That's backwardation. (apologies to the screenwriters and thanks to Nick for the charts)... Read More
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