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

To: Alex who wrote (63923)	2/17/2001 8:21:12 PM
From: russwinter	Respond to of 116763

Another must read to understand this leasing game is James Grant's classic work "Old Money for a New Era" written two years ago and more true today than ever. In his discussion on what can go wrong with the scheme, he specifically mentions a failure of the Aussie miner Centaur as potentially sending shivers through bullion dealers ranks. Now after two years of band aids and Elmers glue, Centaur is biting the dust. Grants article: tocqueville.com Centaur: Message 15346856 The most important part of your post's explaination of leasing are the words, "ultimately the gold for repayment will have to be purchased".