Been eerily quiet on the western front as far as gold goes. However, had an interesting email conversation with a colleague from mainland China that will be shared once it’s cleared with him. In the meantime, here’s a preview..
Also: Here is more on backwardation and gold from today.
Below is a in depth post from late last year that’s extremely relevant. Scroll down to the section about how “it could manifest“ referring to backwardation and gold.