Agoracom: Small Cap Investment - Golden Band Resources - Re: You FOOLS!

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Re: You FOOLS! - Long-Dated Futures Chain

in response to

Re: You FOOLS! - Kaiser

Fran Six

posted on Feb 19, 2013 12:45PM

via Yahoo! Finance - Long Dated Futures

Long dated futures rallied today, in what revives the contango in gold futures. The argument that the bull market is over is preposterously absurd, given the facts.

If there is any selling in the huge quantities that we've seen, it has to come from one source. Central Bank gold leasing, and there is only one gold hoard available to do that. Central Banks almost always sell into the bottom of corrections.