sixgun

Another lion in the pride. 

Another lion in the pride. 

Another lion in the pride. 

Another lion in the pride. 

Another lion in the pride. 

Imagine you are in the market to buy some wheat. You can either buy spot wheat or futures. When you buy spot you expect delivery in a few days. When you buy futures you might expect delivery in a few months. Now the seller of the wheat futures might well have to store the wheat and that will cost. So you would expect to pay more.
Where futures of a commodity are more expensive than the spot, this is contango. This is normal.
When futures are cheaper than spot, this is called backwardation. This is an abnormal situation.
Backwardation might occur if a lot of people want whatever it is now - perhaps they don't trust they will get it in the future, maybe there is some other reason but the essence is buyers want it now.
In precious metals backwardation tends to occur b/c the COMEX got smashed with paper metal but when a situation happens across the board it means people want stuff today not at some point in the future. It implies people are getting nervous, there is an element of panic for real stuff.

Kman had a signature about deflation - and some people would tell him he was wrong and that we were and are heading into inflation. It is happening right now i told him. Go look at Shadow Stats - look in your shopping basket - a member even posted some price data he had personally collected over several years. Kman was wrong. i don't know exactly why he stopped posting but he was wrong and couldn't see it.
When these entities dumped $billions in gold contracts - in concert - over a few minutes - at market - on a Sunday night, they breached position limits. We know this goes on - a few scapegoats have been prosecuted for this. There is prolific spoofing going on at moment, 2 (token) traders were convicted of spoofing by the SEC and it is promised things will get cleaned up. This is a lie. It's a joke. These people wouldn't know how to lie straight in bed. 
You won't find the details of what i am talking about on charts from Bullion-by-Post and in the form of a candlestick - i don't know what you are thinking by posting this. You are in the same boat as Kman. We have almost never agreed - not on the scamdemic, not the injections, not the nature of banking, the market manipulation. You say i am a lunatic who endangers lives and sees conspiracies round every corner. So be it, i wear this as a badge of honour.

Imagine you are in the market to buy some wheat. You can either buy spot wheat or futures. When you buy spot you expect delivery in a few days. When you buy futures you might expect delivery in a few months. Now the seller of the wheat futures might well have to store the wheat and that will cost. So you would expect to pay more.
Where futures of a commodity are more expensive than the spot, this is contango. This is normal.
When futures are cheaper than spot, this is called backwardation. This is an abnormal situation.
Backwardation might occur if a lot of people want whatever it is now - perhaps they don't trust they will get it in the future, maybe there is some other reason but the essence is buyers want it now.
In precious metals backwardation tends to occur b/c the COMEX got smashed with paper metal but when a situation happens across the board it means people want stuff today not at some point in the future. It implies people are getting nervous, there is an element of panic for real stuff.

Imagine you are in the market to buy some wheat. You can either buy spot wheat or futures. When you buy spot you expect delivery in a few days. When you buy futures you might expect delivery in a few months. Now the seller of the wheat futures might well have to store the wheat and that will cost. So you would expect to pay more.
Where futures of a commodity are more expensive than the spot, this is contango. This is normal.
When futures are cheaper than spot, this is called backwardation. This is an abnormal situation.
Backwardation might occur if a lot of people want whatever it is now - perhaps they don't trust they will get it in the future, maybe there is some other reason but the essence is buyers want it now.
In precious metals backwardation tends to occur b/c the COMEX got smashed with paper metal but when a situation happens across the board it means people want stuff today not at some point in the future. It implies people are getting nervous, there is an element of panic for real stuff.

1 oz gold Beast
   

1 oz gold Beast
   

Imagine you are in the market to buy some wheat. You can either buy spot wheat or futures. When you buy spot you expect delivery in a few days. When you buy futures you might expect delivery in a few months. Now the seller of the wheat futures might well have to store the wheat and that will cost. So you would expect to pay more.
Where futures of a commodity are more expensive than the spot, this is contango. This is normal.
When futures are cheaper than spot, this is called backwardation. This is an abnormal situation.
Backwardation might occur if a lot of people want whatever it is now - perhaps they don't trust they will get it in the future, maybe there is some other reason but the essence is buyers want it now.
In precious metals backwardation tends to occur b/c the COMEX got smashed with paper metal but when a situation happens across the board it means people want stuff today not at some point in the future. It implies people are getting nervous, there is an element of panic for real stuff.

i went to Wonger's profile to see if i could message him - no messaging facility. He hasn't posted on the forum since July 2020.
Then there is agent 007 - silverpirate007 no longer on the member's board. Another suspect agent - Notafrontforadragon - no longer here.
What is the forum coming to?
Just a bunch of deadbeat stackers.  

1 oz gold Beast
   

1 oz gold Beast
   

This is a good place to pick up the occasional sovereign. 
https://www.thesilverforum.com/forum/13-united-kingdom-ungraded/
It doesn't sound like you are buying enough to make premium membership worthwhile - you won't see coins that go up for sale as soon as they are posted so you will probably miss a lot of the bargains but you will see plenty of swag and this is certainly a better place than the likes of ebay.