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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (2374)1/14/2000 4:23:00 PM
From: Enigma  Respond to of 3536
 
Henry

Many thanks for taking the time as always - I'll print it out for future reference! d



To: Henry Volquardsen who wrote (2374)1/14/2000 6:45:00 PM
From: Paul Berliner  Read Replies (1) | Respond to of 3536
 
A helpful term used in gold circles is 'contango', which I believe defines the difference between gold lease rates and a benchmark short term interest rate, such as 3-mo. LIBOR. Contango soared in the weeks leadng up to gold's breathtaking september spike, but have since receded to normal levels.


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