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samking73
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>Don’t Trade Last Week’s Silver Story!  - Keith Weiner - Monetary Metals
I agree. Seemed to answer several questions that I hadn't found the answer for as well. I do have a stupid question though: When it is said 'take delivery' does that actually mean, well, er, what does that mean? It doesn't mean the gold or silver shows up at your front door, right? Maybe something like it is actually allocated somewhere in your name or registered in your name?

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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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