Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (150686)	2/11/2002 4:44:03 PM
From: sun-tzu	Respond to of 436258

i don't follow him

To: mishedlo who wrote (150686)	2/11/2002 5:06:59 PM
From: lisalisalisa	Respond to of 436258

not sure I understand the whole post, but I thought I read something from Heinz that stated he thought if lease rates started to go up it was NOT bullish. His thought, if I understood it correctly, was that it might indicate someone or someones leasing more gold to dump on the market to try and keep the rally under control, thus suggesting lower POG in the short term.

To: mishedlo who wrote (150686)	2/11/2002 7:25:34 PM
From: LLCF	Respond to of 436258

I don't really get this whole lease rate thing... sometimes high rates are bullish, sometimes bearish supposedly. What does seem to make sense to me is this: 1.) Rocketing lease rates short term must be a short term squeeze... but that said, that is no reason to go buying a mining company.... or gold for that matter. 2.) From that standpoint, high longer term lease rates is MORE bullish... ie. someone is actually willing to pay x% to lease gold for a WHOLE YEAR??? Why, they must really need it??? I think Heinz's take is the opposite... low LT leases means the CB's are tying up their gold for longer periods... spending bullits. WDFDIK... I DO agree that POG is simply backing up a tad as any stock does before moving higher. The economics of the situation are MONSTER, so will the eventual POG. DAK