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<p>[QUOTE=&quot;Byron L Reed, post: 1950870, member: 13&quot;]Well, I <i>suppose</i> if you were a central bank and you were concerned about a metal&#039;s physical price increasing too much as you were adding to your balance sheet, you could offer negative lease rates to flood physical metal onto the market to reduce the price.&nbsp; </p><p><br /></p><p>The person leasing the metal could sell it knowing whatever happens to the price they will come out okay: price up, they sell and profit dollars, hedge, speculate, or extend; price down they buy back later and profit quantity, price even they collect their rent.</p><p><br /></p><p>The central bank lending the gold would benefit by scaring people away from holding the metal and encourage the holding of inflatable paper.</p><p><br /></p><p>Yes, the above would be market manipulation, something I&#039;m sure governments, central banks, and traders would <i><b><u>NEVER</u></b></i> cooperate in.[/QUOTE]</p><p><br /></p>

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