myWealth.com

China's Latest Hunting Trip

Don't remember where I talked about backwardation. I did talk about gold rising and have mentioned it since at least the mid $800s on various sites including my own at mywealth.com. But I'm not ignoring anything because I don't even usually mention backwardations, contangos, etc.

People can go there and go back and see the several articles in full that I've written on the topic of gold.


On Feb 24 01:06 PM paultaut wrote:

> Two weeks ago both Trace and MyWealth were pushing a Theory called
> Backwardation.
>
> According to this theory, Gold would move up because Spot Gold was
> higher than Gold Futures. Gold went into contango and went up.<br/>
>
> Both Parties now ignore what they previously pushed. Mind you, this
> was just two weeks ago.
>
> What I would like to know is: "Is the Theory Dead or waiting to be
> reborn?"
>