Commodity Trade Mantra

Posts Tagged ‘Gold Forward Offered Rate’

Connecting the Dots in Gold and Silver

In this month’s Markets at a Glance, we present a collection of thoughts on why we think the precious metals – gold and silver are a compelling investment now. We believe that any rational investor considering this collection of facts would consider that the precious metals prices are long overdue for a re-rate.

Gold Forward Offered Rate (GOFO) Turned Negative AGAIN: The Consequences

Historically, GOFO rates (Gold Forward Offered Rate) have only been negative twice since 1999, but have frequently moved into negative territory over the past year. We believe this is a result of on going large shift of gold from the west to the east. GOFO is back negative again, 7th time since July 8, 2013.

The Unbearable Lightness of Being Long Silver

It is simple and yet very complicated for anyone looking at buying Silver for the first time. Also, opening up Silver’s Pandora’s Box reveals a lot of new terminology for a novice to be distracted by

Is There Any Gold Left in the Vault?

Not all the Gold recorded to be held in bullion banks is really there – Much of it has been pledged and re-pledged against the debt that keeps the world’s monetary system afloat

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