"A scary contango proposition"
I use gold's future's contango (premium) over spot to get a sense of extremes and bottoms. When nobody wants gold (low premiums), bottom could be setting in place. I do want to see a turn around before calling a bottom.
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✅Market commentary
✅Trade Tracker
✅Podcast Reviews
Use discount code "TRADINGVIEW" and get a lifetime 50% discount on PREMIUM plans
🔗https://northstarbadcharts.com/