TFMR Podcast #45 - Sandeep Jaitly Discusses GOFO and Backwardation

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Back on Wednesday morning, I spoke with Sandeep Jaitly of Fekete Research and The Gold Basis Service newsletter. Sandeep is widely recognized as a global authority on basis and backwardation in the metals. You need to listen to this podcast so I am making it public today.

In this 25-minute podcast, we discuss:

  • Backwardation in general and how this relates to the current negative GOFO rates.
  • The ongoing breakdown in the price relationship between physical and paper metal.
  • Since the LBMA no longer publishes SIFO, can we draw any conclusions regarding silver?

We are very fortunate to have Sandeep share his perspective with us. I know you'll enjoy this podcast.

TF

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Key Economic Events Week of 5/20

5/20 9:00 ET Goon Waller
5/20 10:30 ET Goon Jefferson
5/21 9:00 ET Goon Waller again
5/21 11:45 ET Vice Goon Barr
5/22 10:00 ET Existing home sales
5/22 2:00 ET May FOMC minutes
5/23 8:30 ET Jobless claims
5/23 9:45 ET Flash PMIs for May
5/23 10:00 ET New home sales
5/23 3:00 ET Goon Bostic
5/24 8:30 ET Durable Goods
5/24 9:35 ET Goon Waller again
5/24 10:00 ET Umich final

Forum Discussion

by Patriot Family, May 25, 2024 - 5:46am
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by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am
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