gold backwardation (gofo) goes mainstream, page-4

  1. 17,482 Posts.
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    TIMBER

    Either the longs don't want to take delivery or delivery is being postponed in an attempt to pursuade customers to take a cash payout or by a host of roadblocks put in the way of getting it out of the COMEX which from what Ive read has been occurring. Before you ask for proof of this its not possible because of the Confidentiality agreements that would be in place! Nor can you prove your statement for the same reason. The only proof is GOLD leaving the COMEX.

    The above is just my opinion so please take it as entertainment value only.

    Cheers.
 
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