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<p>[QUOTE=&quot;medoraman, post: 990698, member: 26302&quot;]I have to say Doug that the link is pretty blatantly anti-leasing and horrendously one sided as to what leases are. PM leases are basically you loaning the metal to a third party for a fee. In the end they return the metal. There can be consequences if they cannot return the metal, but it is structured as if they can.</p><p><br /></p><p>Silver leases are the same as short selling stocks, you borrow the stock from someone for a fee, sell it, and have to return it at the end of the transaction by buying it back. You are betting that prices are high now and will be lower before you have to return it. All financial instruments have doen this for generations, nothing new.[/QUOTE]</p><p><br /></p>

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