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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: russwinter who wrote (3265)8/15/2002 3:21:53 PM
From: goldsheet  Read Replies (2) of 4051
 
> I think a very fair question to ask now is: why in the world would a central bank be willing to lease gold to JP Morgan at these current lease rates

Ancient question. I said well over a year ago the reduction in interest rates greatly reduced the viability of hedging and hedges would begin to get covered.
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