Something Strange to look at...Silver Lease Rates, Kitco...
jmski52
Posts: 22,825 ✭✭✭✭✭
I was just looking at Kitco's silver page and noticed the charts showing "silver lease rates". Not only have they been negative (<0) for the past month, but there was a spike just a few days ago and now they are negative again.
Does anyone have some thoughts about what this could mean?
Looking more closely at the chart, it appears that near term rates are lower. Are they in backwardation, and what's going on here?
Does anyone have some thoughts about what this could mean?
Looking more closely at the chart, it appears that near term rates are lower. Are they in backwardation, and what's going on here?
Q: Are You Printing Money? Bernanke: Not Literally
I knew it would happen.
I knew it would happen.
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