To: Eric in the Ozarks
I always get confused but backwardation means spot is more expensive than forwards. No?
20 posted on
08/13/2018 5:28:46 AM PDT by
mindburglar
(I like spelling it Lazers. It looks cooler.)
To: mindburglar
23 posted on
08/13/2018 6:21:03 AM PDT by
coloradan
(The US has become a banana republic, except without the bananas - or the republic.)
To: mindburglar
Contango: Prices higher in future months. Hold bbls.
Backwardation: Prices higher now than in the future. Sell bbls.
25 posted on
08/13/2018 6:39:31 AM PDT by
Eric in the Ozarks
(Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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