The price of gold was pretty sideways this week, though it was up a bit on Wednesday before coming back down. It ended the week about $3 higher. The silver price followed the same basic shape, but ended the week about 20 cents higher. Thus the gold to silver ratio dropped a bit. As always, [...]
http://monetary-metals.com/wp-content/uploads/2018/02/MM-MonetaryMetals-Unlock-Homepage-295x62.png00Keith Weinerhttp://monetary-metals.com/wp-content/uploads/2018/02/MM-MonetaryMetals-Unlock-Homepage-295x62.pngKeith Weiner2014-05-18 13:43:092018-03-07 03:05:16Monetary Metals Supply and Demand Report: 18 May, 2014
2replies
dts says:
I like your material and time put into your acticles and charts but I have one complaint. Maybe it’s just me, but it seems the scale of your charts are too hard to read on a weekly basis. When you say gold and silver prices were both higher, to me it looks like your charts shows a downward path. Same for GSR, you say it dropped this week but clearly I see it showing a rise. You show 1 month scale on the x axis, would it be possible to show 1 week? Again, maybe it’s just me.
Am I correct to think that “not backwardating” (cobasis staying negative) is caused by some party or parties filling orders for spot gold with overall the same or less concern for counter-party risk?
Such actor(s) (nominally “sellers”) keep the spot ask in check. Are these folks “de-carrying” for profit, or doing this for some other kind of reward? Is risk-on elsewhere becoming more atttractive?
I like your material and time put into your acticles and charts but I have one complaint. Maybe it’s just me, but it seems the scale of your charts are too hard to read on a weekly basis. When you say gold and silver prices were both higher, to me it looks like your charts shows a downward path. Same for GSR, you say it dropped this week but clearly I see it showing a rise. You show 1 month scale on the x axis, would it be possible to show 1 week? Again, maybe it’s just me.
Am I correct to think that “not backwardating” (cobasis staying negative) is caused by some party or parties filling orders for spot gold with overall the same or less concern for counter-party risk?
Such actor(s) (nominally “sellers”) keep the spot ask in check. Are these folks “de-carrying” for profit, or doing this for some other kind of reward? Is risk-on elsewhere becoming more atttractive?