Gold Collateral Situation: "It's Very Complicated"

http://www.zerohedge.com/news/2013-08-09/gold-collateral-situation-its-complicated-6-month-gofo-back-red

Backwardation, negative GOFO and the gold price

I learned about GOFO and backwardation in 2008, prompting methodical purchasing of precious metals.  When the person in the street knows about backwardation, prices will be much higher.

http://therealasset.co.uk/backwardation-gofo-gold/

COMEX Gold and Negative GOFO

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