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Mix-Ansicht- Bewegung bei den Gold Lease Rates... - Tofir, 12.10.2002, 11:28
Bewegung bei den Gold Lease Rates...
-->interessanter Spike an e i n e m Tag, nachdem lange Zeit überhaupt keine Bewegung war.
Ãœbrigens mal wieder nicht angezeigt bei Kitco!
Quelle:
http://www.thebulliondesk.com
oder bei LBMA
The Privateer dazu:
The Start Of Another Lease Rate Spike?
When the one month lease rate regains all its losses since February (and the one year all its losses since June) in ONE DAY, one can safely say that lease rates have spiked. Whether this"spike" is to be more than a one-day wonder is not yet known. And, of course, lease rates have not (yet?) inverted, the one month rate remains below the one year rate.
The big difference between now and late 1999 is, of course, that then, Gold was in a bear market and the paper markets (specifically the stock markets) were on the verge of their last great blow off. Now, despite the latest stock market rally of Oct 10-11, world stock markets are mired in a bear which is beginning to rival the one of the 1930s and Gold is in a bull market, lacking only a decisive penetration of its late 1999 highs.
As you know, Gold fell this week as US and world stock markets rallied. Now, all of a sudden, Gold lease rates spike. There are several possible reasons as to why they spiked, but the thing to watch for is whether the spike continues and especially, whether the short-term rates bounce above the longer-term ones as they did in 1999.
If that happens THIS time, with Gold no longer in a bear market as it was in 1999 but having built a HUGE market bottom up until April 2001 and having been in an unbroken uptrend since then, the danger to the paper powers that be becomes acute. Gold leasing has been the number one mechanism for"controlling" the Gold price. Lose that, and the Central Bankers have little or nothing else they can fall back on. Lease rates may be about to become VERY interesting. Keep your eye on them.
Gruss
tofir
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