I know just enough about the palladium market to get myself into some serious trouble – which means, I don’t know much. But this morning, the popular trader Kid Dynamite tweeted about a surprising development in the palladium futures market.
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Usually, metals’ futures markets trade in contangos. The future price is higher than the spot price to account for the opportunity cost of holding (or financing) the long position in the underlying metal.
This post was published at Zero Hedge on Jun 11, 2017.
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