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<p>[QUOTE="medoraman, post: 1452291, member: 26302"]Ok, I give up. If someone cannot understand why, if I have an ounce of gold and believe its going down 10% in the next month, but I can lease it and only lose 3% that this is a good deal for me, there is no hope really. As for why only certain people can lease gold, well I kind of want to make sure I am getting paid back, right?</p><p><br /></p><p>Anyway, I read something interesting in the WSJ the other day. It talked about how oil prices will probably stay low regardless of Greece and Iran due to US production and massive production increases coming from Libya and Iraq. If someone really believes PM will skyrocket, I would invest in the miners. Oil has been a major component of PM price increases in my view, and if oil holds steady for an extended period, their profits should skyrocket if PM really does take off.</p><p><br /></p><p>If you believe PM is going up, I would hold mining stock if you also believe oil will hold steady, hold physical if you believe oil is going up. In many ways PM is "storable oil".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1452291, member: 26302"]Ok, I give up. If someone cannot understand why, if I have an ounce of gold and believe its going down 10% in the next month, but I can lease it and only lose 3% that this is a good deal for me, there is no hope really. As for why only certain people can lease gold, well I kind of want to make sure I am getting paid back, right? Anyway, I read something interesting in the WSJ the other day. It talked about how oil prices will probably stay low regardless of Greece and Iran due to US production and massive production increases coming from Libya and Iraq. If someone really believes PM will skyrocket, I would invest in the miners. Oil has been a major component of PM price increases in my view, and if oil holds steady for an extended period, their profits should skyrocket if PM really does take off. If you believe PM is going up, I would hold mining stock if you also believe oil will hold steady, hold physical if you believe oil is going up. In many ways PM is "storable oil".[/QUOTE]
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