Gold GOFO Rates Turn Negative

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Gold GOFO Rates Turn Negative

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Taco: Elite Upper Class Poster; Posts: 5401; Joined: July 9th, 2011, 9:30 am

Gold GOFO Rates Turn Negative

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Post by Taco » July 27th, 2013, 6:54 pm

The Gold Offered Forward Rate is the rate at which dealers will lend gold against US dollars. I'm guessing now is a good time to invest in gold and silver.

Gold GOFO Rates Turn Negative
http://www.gotgoldreport.com/2013/07/a- ... ehman.html

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