Shortodile Golddee: That's not backwardation

Shortodile Golddee is threatened by a goldbug with backwardation

Sue Shortton: Shortodile Golddee, give him your short positions.
Shortodile Golddee: What for?
Sue Shortton: He's got backwardation.
Shortodile Golddee: [chuckling] That's not backwardation. [draws a oil chart] That's backwardation.

(apologies to the screenwriters and thanks to Nick for the charts)