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

To: long-gone who wrote (28681)	2/21/1999 10:22:00 AM
From: barry s	Read Replies (1) \| Respond to of 116856

Can someone tell me why there is not more discussion on the apparent increase in lease rates on Friday- at least to validate that it is true or not? If it is true (in my humble opinion, with not a lot of real knowledge on the subject), the implications are huge and very very positive for gold. However, I really can't believe that the increase is valid since only the 1mth and 1 year rate changed and the 3 and 6 month rates stayed unchanged. This has got to be a completely impossible situation (there must be huge arbitrage possibilities available with this type of "lease curve"). Comments please!

To: long-gone who wrote (28681)	2/21/1999 10:24:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 116856

Did you not find my prior answer in depth enough? Actual possession of(a little) solid gold is great(IMHO), though, I have some leverage presented by direct ownership of (seems like a great deal to me) of gold mining issues - both major and Jr. companies. Richard, I do not want to make a fool of myself since I just decided to jump into this thread and have not read anywhere near the 20,000+ posts. Do you mind linking your answer so I may read it? I am in the retail jewelry business so I own a fair amount of gold in "solid form" for sale. I may increase inventory at times if I believe gold will move up but that reduces inventory turn. There is just not enough leverage. I will try and locate your answer on my own too. Glenn