Agoracom: Small Cap Investment - The 300 Club - Antal E. Fekete

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Antal E. Fekete - Update

posted on Dec 10, 2008 10:45AM

There Is No Fever Like Gold Fever

Antal E. Fekete

Gold Standard University Live

Here is an update on the backwardation in gold that started on December 2 at an annualized discount rate of 1.98% and 0.14% to spot in the December and February contracts. It continued and worsened on December 8, 9, and 10 as shown by the corresponding rates widening to 3.5% and 0.65%. It is nothing short of awesome.

http://news.goldseek.com/GoldSeek/12...