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Kazvestor
Articles by Kazvestor
Silver Backwardation
By
Kazvestor
-
October 27, 2003
What is backwardation? It is simply a higher demand for Silver NOW compared to later. It also indicates some degree of shortage of current Silver.
Let me explain in more detail:
Observe the relationship between gold futures prices:...
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During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.
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