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: baystock who wrote (41605)9/29/1999 9:36:00 PM
From: paul ross  Respond to of 116995
 
Metals lease rate charts:
kitco.com



To: baystock who wrote (41605)9/30/1999 12:26:00 AM
From: russet  Read Replies (2) | Respond to of 116995
 
Gold Lease Rates......Central Bank Manipulation

This is the key for sure. The lease rates are the way this whole scam has been played out for years. First, for many years the lease rates have been artificially low at .5 to 1.5%,...what complete B.S. And what friends of the central bankers profited from those low prices. Now these POS's decide to have 10% lease rates. Bet the same POS's are profiting now with high lease rates, that profited from low ones,...the same folks that have screwed the poor holders of gold mining companies (me included) these past few years, are now screwing the gold mining companies with high lease rates. And now those mining companies are being punished with dropping share prices, even though the gold price is up. The whole thing smells of manipulation. This latest twist stinks just as bad as the stink from the Olympic scandal crap.

I said a few weeks ago on this thread, that lease rates at .5 to 1.5% for gold was complete B.S., and the citizens of these countries that allowed this rape of their heritage were being screwed. Well the same thing is true of these 10% lease rates,...suddenly the rules have been changed over night, what crap. You can bet the folks controlling the central banks and their friends are profiting from this sudden change the most. It's time some elected folks were controlling the reserves of a country, not a bunch of paid off, corrupt lackeys.

Fundamentals seem to be irrelevant in the gold market. You have to watch the POS's in charge of the central banks, not the miners. Things won't change until the corrupt pigs are thrown out of their perk jobs. Do I sound like a revolutionary??? Well I'm just fed up with the crap!!




To: baystock who wrote (41605)9/30/1999 8:57:00 AM
From: long-gone  Respond to of 116995
 
I know I'm going where I've already been, but it deserves more talk.

Ram,
"LONDON, Sept 29 ( Reuters ) - The European central banks that pledged curbs on gold lending at the weekend have set off a surge in bullion lease rates that threatens miners and speculators alike, dealers and analysts said on Wednesday."

I simply can't believe the curbs on gold lending threaten all miners. Seems "analyst" has an axe to grind by fighting higher gold & gold share cost, but perhaps after this extended bear market, He's simply not much of an analyst.