Interesting to see that the gold lease rates are now -ve for the...

Interesting to see that the gold lease rates are now -ve for the first time (1 and 2 month rates).

So now the CB's are PAYING the Bullion Banks et al to borrow gold.

Hurry, lease our gold, we'll pay you to do it, then you can sell it and use the proceeds to make lots of cash .. we'll never ask for it back and nobody will ever know how much gold we really hold in our vaults 'cause we don't report leased gold as a separate item on our Balance Sheets ... it's all gold to us.

Oh, and by the way, we'll tell you when to borrow and dump so we can keep the gold price down ... we don't want those pesky free markets driving the price of gold through the roof. After all, we've got a fiat currency system to keep afloat.

Does anyone else see a clicking clock here.