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Koos Jansen: New York and London gold in backwardation
8:40a ET Thursday, September 17, 2016
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that gold is in backwardation in both the New York and London markets and he wonders why CPM Group denies this even as the metal consultancy's own data shows it. Jansen's analysis is headlined "New York and London Gold in Backwardation" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/koos-jansen/new-york-and-london-gold-i...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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