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<p>[QUOTE=&quot;desertgem, post: 990771, member: 15199&quot;]As pointed out, the bullion banks make the loans to mainly the mining companies, who could return the metal as such from their future production. The only mine I am familiar, was on the reverse end when gold was much lower 2 years ago. They had sold a % of future production to the bullion banks in the past to maintain operating costs, so that at the time, for every 100 oz gold produced, 37% was presold&nbsp; at $582 oz, and the 63% at the then current $800 +/-. I imagine today, that company&nbsp; ( bought by another) is leasing gold to sell, and probably does intend to pay back with the metal sometime in the future. I realize gold is headed upward, but every wave has a crest.[/QUOTE]</p><p><br /></p>

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