tag:blogger.com,1999:blog-20377909.post8095936930128040625..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Gold Backwardation - BNN 12/8/2008Randyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-20377909.post-73680063439553870692008-12-12T19:15:00.000-08:002008-12-12T19:15:00.000-08:00I believe that the backwardation we're seeing is t...I believe that the backwardation we're seeing is the public's strong preference to hold physical vs paper. It neither proves nor disproves a conspiracy. However, the physical shortage by the US mint raises questions about where that supply that would otherwise be used is headed - the Middle East and Asia, from what I can gather. Still, why isn't the mint able to bid market price and continue to mint gold coins. To me, that is as bothersome as anything.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-55362936478931932472008-12-11T05:45:00.000-08:002008-12-11T05:45:00.000-08:00Finally someone is saying the word "conspiracy" co...Finally someone is saying the word "conspiracy" concerning the demand vs. supply price of gold.Maxhttps://www.blogger.com/profile/02562938272609383597noreply@blogger.com