Leasing

Gold Manipulation – 4c. Direct Leasing and the Gold Carry Trade


In this video the it is explained why the (direct) leasing gold by central banks is nothing less than (short)selling gold. Banks have an incentive to claim that they have leased instead of sold their gold because on their balance sheets leased gold can be viewed as part of their reserves. Further it is explained how bullion banks can profit by engaging in the so called gold carry trade.

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Thursday, March 18th, 2010 Gold Stock Market No Comments