TSXV:AUN.H - Post by User
Comment by
Banman17on Jan 20, 2012 5:31pm
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Post# 19429473
RE: Banman17 request-+ silver lease spread
RE: Banman17 request-+ silver lease spread Thanks for posting that Matt. I just want to draw everyone's attention to the importance of the silver's lease rates in 2012 just turning up. This means we're up for a major advance in the price of silver, if you compare what happened to silver from '09 - '11. We'll see $60 silver easily this year.
Banman17
Negative lease spreads setup Silver's D-wave decline(s) of 2008. Once price collapsed, lease spreads turned positive and peaked. Spreads peaked as price bottomed in late 2008. This setup the accelerating advance of 2009-2011.
Silver's lease spread has turned positive in 2012.
Real Silver Lease Rates (1-Month LIBOR less 1-Month SOFO) and London PM Fixed Silver Price