GOLD 0.51% $1,391.7 gold futures

gold backwardation (gofo) goes mainstream, page-3

  1. 12,639 Posts.
    I 'm starting to believe that there is also a large disconnect between information being released out there.

    There is most certainly going to be a short squeeze very soon.

    Jpmorgan's holdings of gold are at an all time low and are basically out of gold completely now.

    I don't know about backwardation but something has to give and very soon.

    Gold just smashed through 1300
 
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