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Gene Arensberg: Gold, silver futures in backwardation
6:25p ET Tuesday, November 2, 2009
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg's "Got Gold Report" for Brien Lundin's Gold Newsletter (www.GoldNewsletter.com) has been excerpted in the clear at Stockhouse and reports that gold and silver are in backwardation, usually considered a very bullish condition. Arensberg's commentary is headlined "Gold, Silver Futures in Backwardation" and you can find it at Stockhouse here:
http://www.stockhouse.com/Columnists/2009/Nov/3/Got-Gold--Report--Gold,-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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