tag:blogger.com,1999:blog-6089228851855763774.post5186540832952996601..comments2024-03-29T07:10:06.022+08:00Comments on Gold Chat: When does backwardation matter?Bron Sucheckihttp://www.blogger.com/profile/00530576934994289879noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6089228851855763774.post-19837346734154480982010-07-29T13:52:45.717+08:002010-07-29T13:52:45.717+08:00Well, by calculations it's around 8.25% return...Well, by calculations it's around 8.25% return p.a. So it is a "good deal" in those terms, and certainly not shabby. But I also agree I would hardly be risking 1000oz of physical gold with anybody!Lukenoreply@blogger.comtag:blogger.com,1999:blog-6089228851855763774.post-28703234172236691272010-07-28T16:56:38.944+08:002010-07-28T16:56:38.944+08:00A profit of $4950 for forfeiting your physical gol...A profit of $4950 for forfeiting your physical gold for 6 months, with no guarantee of anything more than fiat GLD in return at that time, does not strike me as <i>"a good deal"</i> in this day and age.<br />I'm sure a trader would get excited, but this is not the purpose of physical gold, is it.Angel Eyeshttps://www.blogger.com/profile/07292792036696712295noreply@blogger.com