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.
Sandeep attended Tiffin School and read mathematics at Imperial College, London. On graduation, he began working in finance at Odey Asset Management in London. Currently, Sandeep is an investment manager and strategist at First International Group plc. in London. Since encountering Prof. Antal Fekete’s work, Sandeep has been concentrating on its application to practical investment – with emphasis on the gold market. Sandeep lectures worldwide on a broad range of topics related to Mengerian economics with Professor Fekete. Sandeep has also established a unique physical bullion fund that allows investors to purchase, store, hold and deliver physical gold and silver bullion.
He is also the Founder and author of The Gold Basis Service newsletter which can be found here: http://www.feketeresearch.com/gold-basis-service.php
Friday, August 16, 2013
Wednesday, August 14, 2013
Wednesday, February 27, 2013