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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (40388)9/17/1999 5:48:00 PM
From: Ironyman  Read Replies (1) | Respond to of 116762
 
DoubleD,,,,

The bullion dealers are borrowing as much gold as possible to sell now, with expectation that the forth coming British gold sale will drive the price lower. The lease rate has been driven up due to the increased demand, the effect is the same as naked short selling.