@Maddog, thanks ok $1729 not spot but a further out contract? So Spot itself is higher that further out. That’s backwardation. Why am I NOT hearing that word all over the place???
And it’s very understandable for people with fake paper contracts, worth MORE than spot, to take advantage, demand physical delivery, and make the owner of the worth LESS contract squirm.
I assume the $1729 contract holder has to pay the $1768 spot price first to deliver. Buy to cover? Hopefully he or they used lots and lots of leverage. 🙂 Please correct me if I’m off on that.
@ipso facto, I never really followed anything about info…”Obama administration funding bio weapons research in a Chinese facility and yes those involved should be harshly dealt with. I think a lot of “officials” should be charged with treason. Including some past presidents.
But, because they are led or “governed” by unknowns, they are like soldiers following orders, and not liable. Like Eric Holder and that IRS lady, and God only knows how many other “flunkies” involved in following orders, and will never do a “perp walk”. We all found that out a long time ago. I guess Bernie Madoff was on his own, so had to do the perp walk.
Regarding my reversal thoughts, its very possible “invisible” leaders of the soldiers that are just following orders, will get exposed. Caught and punished. Just like Madoff and so many others. No enforcement, for many years, they get lulled, and keep on doing something they should not be doing. And one day the tide goes out and we see the ones with no bathing suit.
Trump and company are actually re-programming all the people’s brains that are easy to program, which is many. Exposing NATO, NAFTA GATT, trade deals, the WHO, FBI, etc etc. Lots of crap in the old swamp. Infil-traitors imo. I think McCarty was right about all the anti American commie types coming into USA after the war, and infiltrating so many things.
I don’t know anything about 5G either yet.