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

To: crm114 who wrote (4422)	1/11/2002 8:06:23 PM
From: Jon Matz	Respond to of 8010

It seems odd doesn't it that Butler says "They may call it "leasing" but we know it is really selling. And the crazy thing is, these interest rate silver "sellers" don't even get the proceeds of their sale, just an interest rate."? Are we to believe the lessor doesn't retain legal ownership of an equivalent amount of silver? Crazy is right, but it might be Butler who has gone mad from much learning.

To: crm114 who wrote (4422)	1/11/2002 10:31:02 PM
From: stuart haven	Read Replies (2) \| Respond to of 8010

Does it make sense that,as Butler says, if high lease rates for silver are caused by a real shortage of leasable silver,(and is there any real doubt about that?)then leasing will be drastically reduced and the resulting downward pressure on the pos will then be largely reduced. The pos will then find its' own level based on supply and demand....Wishful thinking?... If this is so why does Butler say "they" may take the pos down to $4 again. By what mechanism could "they" do that?