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


To: Michael Collings who wrote (65815)3/15/2001 11:05:15 AM
From: Follies  Respond to of 116995
 
Kitco's lease quotes are notoriously wrong. 1 month lease rate is currently 2.0563 not 5.0563.

lbma.org.uk


This link shows 3 groups of columns, the 1M in the middle group is 5.0563.

What do the groups mean? There are no headings.

Question about leasing. Assume the rate is 10% (just for fun) does that mean if I borrow 100 ounces for one year I need to return 110 ounces? It can't be based in ANY currency, it wouldn't make sense.

Inquiring minds want to know.