SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver prices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: paul ross who wrote (4372)1/9/2002 6:47:36 AM
From: Zardoz  Read Replies (2) of 8010
 
So, pray tell....why have short-term rates for silver leases gone ballistic while long-term rates have been relatively unaffected?

Because it's a British Pound Futures-Currency create backwardation. Plot the silver versus pound since oct 2001. You have about 3-5 days more before the trend will break, and the forwards hedge will plateau. Then it's become cost effective to spread the risk to higher silver lease terms. This is all due to speculation based around the introduction of the Euro Currency, and the entry of the pound {see OLE post of weeks ago referring to the pound entry level}

pacific.commerce.ubc.ca
base currency Silver, Target currency pound.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News