S shahdad Oct 8, 2008 #1 Could somone please provide some insight as to why this is happening and how it effefcts the gold prices in the short and/or long term? thanks
Could somone please provide some insight as to why this is happening and how it effefcts the gold prices in the short and/or long term? thanks
P pitz Oct 8, 2008 #2 Bullion lenders are increasingly worried about not getting their gold back = high lease rates.
D daddyeaux Oct 8, 2008 #3 counter party risk. who wants to lend gold at LIBOR + 2 if you can't get it back screw that.
T thriftybob Oct 8, 2008 #4 The Central Banks are no longer interested in leasing out gold. In addition, they are no longer willing to roll old leases. The gold to replace it will have to come from someplace... I wonder how much we are talking about?
The Central Banks are no longer interested in leasing out gold. In addition, they are no longer willing to roll old leases. The gold to replace it will have to come from someplace... I wonder how much we are talking about?
