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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Exsrch who wrote (1943)1/16/2000 8:17:00 PM
From: nickel61  Read Replies (1) of 3558
 
Would you please explain your concept of contango one more time and assume a 6.5%interest rate on three year treasury notes and 1.7% gold lease rate. And do they borrow the gold from a Bullion Banker in order to establish the initial proceeds?
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