How long do all gold futures have to remain in backwardation before it can be determined that the backwardation is permanent and a currency is about to crash?
FYI: Here's todays nymex contracts primarily indicating contango. (Exception:Feb and August contracts) Third column is volume. Blanks are no trades for the day. I posted similar several days ago.
Right, but what I'm asking is how long (how many days or weeks) will the backwardation typically have to remain before it can be determined that a currency is crashing for good. More specifically, how long will the backwardation last before it become evident that the currency is dead and hyperinflation is about to kick in suddenly and unexpectedly, as noted in responses on this thread?
How long to tell if gold backwardation permanent?
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Posted - 01/08/2009 : 18:37:43
