You are here
Trace Mayer: Silver trending toward backwardation again
8:50p ET Monday, September 14, 2009
Dear Friend of GATA and Gold (and Silver):
RunToGold.com's Trace Mayer gets out his silver futures charts and reports that silver is approaching backwardation again, with silver for immediate delivery costing more than silver to be delivered later. Such a condition, Mayer says, usually precedes an increase in price. Mayer's commentary is headlined "Silver Trending Toward Backwardation Again" and you can find it at Run To Gold here:
http://www.runtogold.com/2009/09/silver-trending-towards-backwardation-a...
At 24hGold here:
http://www.24hgold.com/english/news-gold-silver-silver-trending-towards-...
And at SilverSeek here:
http://news.silverseek.com/SilverSeek/1252878023.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Join GATA here:
The Silver Summit 2009
Thursday-Friday, September 24-25, 2009
Davenport Hotel, Spokane, Washington
http://thesilversummit.com
Toronto Resource Investment Conference
Saturday-Sunday, September 26-27, 2009
Intercontinental Hotel, Toronto, Ontario, Canada
http://www.cambridgeconferences.com/ch_tor2009.html
New Orleans Investment Conference
Thursday-Sunday, October 8-11, 2009
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://guest.cvent.com/EVENTS/Info/Custom.aspx?cid=21&e=a65db79c-b415-4b...
* * *
Support GATA by purchasing a colorful GATA T-shirt:
* * *
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16
