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Gold/Mining/Energy : Silver prices
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To: Gerald Walls who wrote (583)2/6/1998 12:59:00 PM
From: Tommaso  Read Replies (1) of 8010
 
For link to silver lease rates see the message to which this is a response.

If you check the historical rates, they were below 10% only at then end of January and below 1% last May.

I am surprised that the spot price for silver is not even stronger given these rates. I wonder where people who must make deliveries think they are going to get the silver. Anyone with a short position outstanding is --it seems to me-- at terrible risk and would be fortunate to cover it right now.
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