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Contango Report: Metals Stare at Rising Prices

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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

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