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Jan Skoyles: Backwardation, negative GOFO, and the gold price
7p ET Wednesday, July 24, 2013
Dear Friend of GATA and Gold:
The Real Asset Company's research director, Jan Skoyles, today joins those who see backwardation in the gold market and consider it a sign of great stress and an impending explosion in price. Skoyles' commentary is headlined "Backwardation, Negative GOFO, and the Gold Price" and it's posted at The Real Asset Company's Internet site here:
http://therealasset.co.uk/backwardation-gofo-gold/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committeee Inc.
All Pro Gold's Fred Goldstein and Tim Murphy
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