backwardation

基本解釋

On December 2, for the first time in history, gold reached backwardation.
12月2日，歷史上首次出現(xiàn)黃金現(xiàn)貨溢價(jià)。
Backwardation is the opposite of contango, representing a situation in which the spot price is higher than the price for future delivery.
現(xiàn)貨溢價(jià)正好和期貨溢價(jià)相反，表示現(xiàn)貨價(jià)格高於期貨價(jià)格的一種情況。
Judging by gold backwardation (discussed later) and the bearish charts on the bubbly debt ETFs, I think the debt monetization and dollar devaluation will begin within the next six weeks.
從黃金現(xiàn)貨溢價(jià) （以後討論）和國(guó)債交易所交易基金這些泡沫的看跌圖形，我認(rèn)爲(wèi)債務(wù)貨幣化和美元貶值將在未來(lái)6個(gè)星期內(nèi)開(kāi)始。

Well not if you look at the futures market, which is in backwardation now and it's predicting major drops in the price of oil.
如果你看看期貨交易市場(chǎng),現(xiàn)在正処於交割延期的時(shí)期,而這正預(yù)示了油價(jià)將要下跌
耶魯公開(kāi)課 - 金融市場(chǎng)課程節(jié)選

However, investments in these types of derivative instruments bring terms such as contango and backwardation into the equation.
FORBES: Three Ways To Gain Exposure To Oil
Charts on Brent crude and WTI futures show clearly defined backwardation.
FORBES: Apple And Google Much Better Bets Than Black Or Yellow Gold
Oil futures have been in contango since mid-May, in contrast to their usual state, known as backwardation, where prices continually drop from the current spot price.
FORBES: Magazine Article

the difference between the spot price for a commodity, including rent and interest, and the forward price