Backwardation Spreads as JP Morgan Warns of Crude Oil Shortages.

#crudeoil #WTI #gold #dollar #futures #contango #backwardation #shortages #fiatcurrency #markets #economy #energycrisis #evergrande

Today we will touch upon the specter of backwardation in the commodities markets. We have recently looked at backwardation in copper and now JP Morgan is warning of a "Super Bacwardation" in WTI crude oil.

We will go over what backwardation means and also explain how a permanent backwardation in gold and silver would be a serious threat to the current fiat dollar or fiat currency regime.

The Dangers of Permanent Gold Backwardation – Professor Antal E. Fekete: https://silkthreads.press/2019/01/02/the-dangers-of-permanent-gold-backwardation-professor-antal-e-fekete/

Run On Copper Supplies Leads to Technical Default on the LME.:

Lebanon's Currency Collapse and Hyperinflation Is a Lesson for the West.:

SUPPORT MANECO64:

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64