Which of the following statements is an example of Contango?

	The current futures price of oil for delivery in six months is $60/barrel. The current spot price of oil is $50/barrel.
	The current futures price of oil for delivery in six months is $60/barrel. The current spot price of oil is $70/barrel.
	As the expiration date of a future contract on gold approaches, the future price decreases, but the spot price remains the same.
	As the expiration date of a future contract on gold approaches, the future price increases, but the spot price remains the same.