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Gold/Mining/Energy : Silver prices

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To: AurumRabosa who wrote (1391)	11/15/1998 11:17:00 PM
From: ForYourEyesOnly	Read Replies (1) of 8010

I agree that it is reasonable to loan out something you own......some of the PM bulls feel that PMs are money.....if so it seems reasonable for them to be loaned out for interest........I'd like to be able to deposit gold at my local bank & receive interest! I can see how leasing could influence the demand situation......the huge leasing position in gold is often discussed as an important factor.......if & when the loans are repaid it could have a major effect on the supply/demand equation.......but I hadn't heard that the silver loan positions were significant. You are right futures is zero sum.....so I can't understand what short position he is talking about....... Thanks for the response, THC

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