Golden Minerals Company
Welcome To The ECU Silver Mining HUB On AGORACOM Edit this title from the Fast Facts Section
There are negative lease rates in every precious metal. I have never seen that before! The negative rates are spreading out along the curve too and intensifying. Why? The simplest esplanation is LIBOR has been forced down to unnaturall levels to rekindle the credit markets, while forward rates have risen of late to above the LIBOR rates. I think this signals a shortage of metal in the market. After all, the real lending rates are the forward rates and if the central banks are cutting back on lending, the rates rise.
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Silvernuts
City
Rank
Treasurer
Activity Points
395
Rating
Your Rating
Date Joined
09/12/2008
Golden Minerals Company
Symbol
AUM
Exchange
TSX
Shares
76,690,000
Industry
Metals & Minerals
Website