Loading ...Tks hadn’t thought of that…..they have tonnes out there..some say damn near all of it has been leased out…@ 16 K tonnes…
But what is true, is that the deeper rates go negative, the more attractive it will be Borrow PM’s as u say…in fact it would become a self feeding frenzy, as the higher the price, the lower the rate, the more Gold u get back…..it could kill negative rates and thus disarm the CB’s…….Oh Dear…that is truly shocking.
Tks for the info.