Antal Fekete: Backwardation that shook the world


7:18p ET Sunday, December 14, 2008

Dear Friend of GATA and Gold:

Economist and monetary historian Antal Fekete explains tonight that he's calculating the current gold price a little different from others as he figures that the gold market has entered backwardation. Fekete's new essay is headlined "Backwardation That Shook the World" and you can find it at 24hGold here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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