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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (4072)12/19/2001 9:38:42 PM
From: long-gone  Respond to of 8010
 
<<2. Trader then BORROWS silver in London to meet his obligation to deliver silver. >>

and at a rate of 13.9312% for one month from today. Those loaning silver may be getting rich - even if the borrowers must settle in terms of dollars Vs. silver in a month.