The Arbitrageur: Silver In Backwardation

March silver has been flirting with backwardation since the end of 2011, and today it has moved more firmly into backwardated territory.  This is extremely bullish for silver, and let me explain why.

 Backwardation means (and I am oversimplifying a bit here) that a futures contract is cheaper than buying the physical good in the [...]

EmailPrintFriendlyShare