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Gold & Silver Data
Food for thought
To know how to wait. It is the great secret to success
Joseph de Maistre
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Commented On
Permanent Gold Backwardation
- David Galland -
Casey Research
(8)
Tweet
Hats off to to Keith.
Very good explanation of Backwardation and the current problem with debt.
??? should it not happen to silver first given the talked about shortage.
Commented
467 days ago
Read the headline :
Worldwide, an incredible tower of debt has been under construction since President Nixon's 1971 default on the gold obligations of the US government. His decree severed theredeemability of the dollar for gold and thus eliminated the extinguisher of debt...
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