Gold Price Monitor Message Board

STOCKTALK

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 : Gold Price Monitor

GDXJ 90.47

+0.5%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jaakko who wrote (97285)	3/5/2004 9:20:04 AM
From: Ironyman	Read Replies (1) of 116752

Jaakko...The rise of lease rates were a response to the G7 meeting, where the main complaint was that the dollar was too weak. Rumor has it that several mining companies sold forward and thus the lease rates went up with the demand. ....Based on this mornings POG, it looks like they were wrong and the market is just now starting to see that there is a HUGE shortage of physical gold. (One can borrow money for less than they can lease gold) Wink/Eric

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next