Katanga, excellent article.
I found an explanation for your question about Gold Lease Rates:
"All you really need to know, my Greedy Little Ones (GLOs), to make a whole gigantic humongous ton of money with gold, is to buy it when you see that the price is held down by these manipulations!"
"the gold lease rates had again fallen (over the last 10 days) to a singularity (a strange situation where leasing gold short-term costs the same as leasing long-term!) in the last two days.
Sure enough, right on schedule, the price of gold soon had a huge downdraft!"
Complete article can be found at http://www.dailyreckoning.co.uk/article/020520061.html
So, atm we have the opposite scenario....![]()
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