Contango Report: Metals Stare at Rising Prices
July 30, 2014 at 07:00 AM EDT
As the summer months continue, a number of commodities hit a turning point in their seasonality, triggering movements in their prices and expectations of future prices. As such, taking a look at commodities exhibiting contango is a healthy exercise to ensure that you have a firm grasp on the current state of the hard asset world. As a quick reminder, contango is the process whereby near month futures are cheaper than those expiring further into the future, creating an upward sloping curve for future prices over time [for more commodity news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Commodities That Have Thrived Under President Obama For Day Traders: The Most Liquid ETF for Every Commodity For Long Term Investors: The Cheapest ETF for Every Commodity February Contango Report: Precious Metals and Softs Contango Report: Precious Metals Sloping Up for 2014