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Old 03-03-2014, 03:03 AM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 3,909
GOFO and running out of spoils to divide

I found an excellent vid on GOFO, contango and backwardation,,,, in the gold market. When Gold and Silver Go Into Hiding - YouTube
This may not sound terribly important but, the author makes a pretty convincing case for; when the gold comes to an end,,, the oil stops.
Money printing has never fixed a broken economy. $ Trillions of printing and no good effect;

My Blog

This is an excellent article on the breakdown of the "spoils" system;
charles hugh smith-Why the Periphery Is Crumbling: The Spoils System Is Cracking
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