Sunday Gold Fix – The Basics of Leasing

By |2013-05-28T09:04:10-04:00May 28th, 2013|Commodities, Federal Reserve/Monetary Policy, Markets|

The most common question I receive about gold relates to the means through which an increase in leasing/lending activity is negative for gold prices. It appears that the mechanism by which this is accomplished is unclear and counterintuitive. By all accounts, an increase in the demand for gold as collateral to obtain “cash” should be positive for gold since it [...]