By The Mogambo Guru
Junior Mogambo Ranger (JMR) Gary S sent me the chart of "30-Day Gold Lease Rates" from Kitco.com, which definitely shows that the one-month gold lease rate was less than zero. He asks, "The lease rates on 30-day gold and silver are negative?!?! What does that mean? Are banks paying other banks to lease gold? Are banks so desperate to raise cash that they are giving away gold??? Am I using too many question marks?" As for the questions of punctuation, the answer is no, as multiple question marks indicate the appropriate level of complete freaking befuddlement at such a bizarre statistic; leasing gold at less than zero percent interest! ...
http://www.atimes.com/atimes/Global_Economy/JD09Dj01.html
Indeed. Why cannot we entice the local banks to pay us interest to borrow from them?
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