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Cool interview there on PGR David. I’ve subscribed and will see where it takes us. Any thoughts on NEM? What a dog of a gold stock at the moment!

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Nov 9, 2023·edited Nov 9, 2023Author

The mining stocks in general are a reflection / derivative of the price setting control of gold and silver themselves. I follow them but with the underlying asset price set and contained by algo, the miners themselves can't perform. My view is the coming bank crisis is going to suspend markets so the best approach is to focus on actual physical real assets. Shorting banks may be a way to trade this situation but there is a need to get assets out of the financial system before the crisis fully develops. Watching the lease rates of gold and silver to see if the digital pricing system gets swamped. The miners should fly then but a tough one to time.

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Is there a public (accurate) site for the gold and silver lease rates?

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Note these are 'implied lease rates' derived from market data.

Typically understate the actual lease rate.

True lease rate from London only obtainable through a bullion bank - info not meant for public consumption.

https://www.kitco.com/lease.chart.html

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