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Silver Lease Rates are Negative again.
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<p>[QUOTE="fatima, post: 1380006, member: 22143"]It was a nice spike. It should be noted that lease rates for Gold have been negative, almost constantly for the last year. There were two very significant spikes (more negative) which the banksters used to knock down the price of gold in December. IMO the central banks should not be allowed to lease the people's gold for negative interest rates as the only reason for doing it is to suppress the gold prices. Despite this, it continues to go up. </p><p><br /></p><p>It appears they are going to try the same tactics on Silver now. </p><p><br /></p><p>-------------------</p><p><br /></p><p>The reason the margin rates were dropped at the Comex because they lost a lot of customers over the MF Global scandle. People won't risk their business where their assets are no longer protected and nothing is being done when the assets are stolen. Banksters can't sell shorts if nobody is there.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1380006, member: 22143"]It was a nice spike. It should be noted that lease rates for Gold have been negative, almost constantly for the last year. There were two very significant spikes (more negative) which the banksters used to knock down the price of gold in December. IMO the central banks should not be allowed to lease the people's gold for negative interest rates as the only reason for doing it is to suppress the gold prices. Despite this, it continues to go up. It appears they are going to try the same tactics on Silver now. ------------------- The reason the margin rates were dropped at the Comex because they lost a lot of customers over the MF Global scandle. People won't risk their business where their assets are no longer protected and nothing is being done when the assets are stolen. Banksters can't sell shorts if nobody is there.[/QUOTE]
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Silver Lease Rates are Negative again.
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