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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: ahhaha who wrote (43928)	10/26/1999 2:54:00 PM
From: PAUL ROBERTSON	Read Replies (1) of 116756

ahhaha, would you or anyone here like to take a stab at explaining what is going on with the lease rates vs forward rates. i think it is quite understandable as to why lease rates have been dropping but why would the forward rates continue to climb? fewer producers willing to forward sell? tia, paul

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