Physical Gold Shortage Worst In Over A Decade: GOFO Most Negative Since 2001 !
Physical Gold Shortage Worst In Over A Decade: GOFO Most Negative Since 2001 ! by Tyler Durden, www.zerohedge.com The last time there was an systemic physical gold shortage was in July 2013. It is then that, for the first time in 5 years, the 1-month Gold forward offered rate, or GOFO, went negative. We said: …