>Gold is money. There is a big gold banking industry out
>there. It's on the secretive side so I can't give you
>numbers. Like any money or currency, it has it's interest
>rates. In gold's current case they are called lease rates.
>What's the matter with the 30 day gold lease (interest) rate?
>http://www.kitco.com/market/LFrate.html
Bob, do those figures mean that (example) Gold can be leased, for one
year, for (only!) 1.8075 % ?
So I could borrow 100 kg of gold and pay only 1.8% interest, for a year?
Doesn't that seem very low?
What's it all about, Bob?
Thanks!
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"A government that robs Peter to pay Paul can always depend
upon the support of Paul." -- George Bernard Shaw
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