Market Curiosity: Exploring Markets And Systems

April 12, 2011

Silver backwardation update for April 12th

Filed under: Just Watching — Tags: , , , , — Jeff Fitzmyers @ 11:00 am

The LBMA is solidly in contango. IT’s backwardation lasted 29 days.

And this chart keeps me from rushing into SLW.

But the COMEX, is still in partial backwardation. This backwardation started on Feb 3rd and so is about 53 trading days old right now.

Just for fun, here is the start of COMEX partial backwardation.

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