Market Curiosity: Exploring Markets And Systems

May 5, 2011

Silver backwardation INCREASES yet silver drops? The blue sky is really purple! Trust us!

Filed under: Just Watching — Tags: , , — Jeff Fitzmyers @ 9:26 am

This joke will likely set up a very nice snap back rally. I’m rooting for a lower SIFO low than this past February.

Comex silver shows a $1.31 difference between the first month and last month as of yesterday. Barely in contango.

+ LBMA current statistics
+ Daily Settlements for Silver Futures

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