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.

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

To: Bill Murphy who wrote (28201)	2/14/1999 5:28:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 116764

Impressive! John 'Jan. 22-$5.09 The silver market is just marking time. We see a violent rally up to the $5.80 area in the works. The bullish consensus is a modest 50 which is healthy for a break out market. The silver base is a big one and can support a rip roaring move to the upside. The Comex silver stocks are only a very low 75,435,680 ounces as they continue to disappear.' ... Message 7815590

To: Bill Murphy who wrote (28201)	2/14/1999 9:00:00 AM
From: John Hunt	Read Replies (3) \| Respond to of 116764

Lease Rates % For Gold & Silver I have been tracking the gold and silver lease rates for the past few days from the 'Today's NY Commentary' link at this Mitsui site mitsui-gold.com Gold Gold Gold Gold Silver Silver Silver Silver 1m 3m 6m 12m 1m 3m 6m 12m 05-Feb-99 0.89 0.98 1.18 1.70 3.74 4.48 4.73 5.05 08-Feb-99 0.94 1.00 1.15 1.69 3.74 4.30 4.75 5.09 09-Feb-99 0.84 0.90 1.05 1.69 4.19 4.00 4.55 4.89 10-Feb-99 0.84 1.00 1.13 1.55 2.94 3.90 4.43 4.75 11-Feb-99 0.84 1.00 1.23 1.68 3.19 4.10 4.63 5.08 12-Feb-99 0.89 0.95 1.14 1.59 6.94 7.00 7.04 7.19 Hi Bill, In general, the daily gold and silver prices reflect these lease rates ... Cause or effect? ... I think we all know the answer ... Note the large increase in silver lease rates Friday. Very interesting, IMHO. :-)) John PS - I would love to see some long or medium term graphs of lease rates, if anyone knows of a link.