11. Such a small contango rate will discourage producers like Barrick from borrowing gold for forward sales, Munk said. 12. However, a way was worked out whereby the bear syndicate would have to cough up Rs50 per share in contango . 13. Over three weeks she wrote " Contango Day ", co-winner of that year's award. 14. In 2005 and 2006 a perception of impending supply shortage allowed traders to take advantages of the contango in the crude oil market. 15. "' Contango "'is a situation where the forward price ) of a commodity is higher than the spot price. 16. The contango contract for future delivery, selling today, is at a price premium relative to buying the commodity today and taking delivery. 17. If the forward market is in " contango " the forward price is higher than the current spot price the strategy is very successful. 18. The international oil market is in contango , meaning that taking delivery in later months is now more expensive than the current month, he said. 19. Also on the list of top sires of FEI dressage horses are # 14 Contango , who stands in the United States, and # 25 Carpaccio. 20. That would be, in traders'terms, a " contango , " a situation in which futures prices are higher than the current price.