Earlier today, I visited with Sandeep Jaitly of Fekete Research and The Gold Basis Service newsletter. Sandeep is a world-renowned authority in gold backwardation so I thought it would be great to get his perspective on:
- 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 hope you enjoy the podcast.