Monday , 22 October 2018


Tag Archives: Libor-GOFO

Gold Bugs: You Were "Had" in the Recent Decline! Here's How to See It Coming Next Time

Record lease rates are a primary driver for the near historic sell-off we have experienced but, when negative gold lease rates drop like they are now doing, the underlying tension in the supply and demand for gold as a source of liquidity collapses suggesting that the gold sell- off is likely coming to an end. That said, the next time we approach the previous thresholds..it will likely indicate that another gold-derived liquidity rubberband "breach" is imminent. [Let me explain further so you won't be "had" next time.] Words: 1054

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