Gold/silver lease rates still indicate tight physical market

Seeking Alpha/Paul Franke

graphic image of $2000 per oz“Several years ago when I talked about $2000 or higher gold on Seeking Alpha, not many investors paid attention. However, as 2019 unfolded with strong gains for the precious metals across the board, Wall Street started to take heed.”

USAGOLD note:  The lease business is the oft-neglected leg of the gold bullion market analysis . . . And perhaps one of the most important, as the author of this post argues in some detail.

Repost from 1-27-2020

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