Further to yesterday’s post regarding tight physical supply in the London silver market, Robert Gottleib has provided an update on the March 12, 2025 London implied lease rate for silver.
I appreciate the content but with well above average (professional) understanding & direct experience in financial especially pm markets -- i cannot make sense of lease rate, true lease rate, implied lease rate, average lease rate, etc. and totally missed the point.
I'm particularly interested in gottliebs writing. Please define your terms or cut to the conclusions w bulletpoints on top?
Additionally, if you or gottlieb can untangle it, 5 of my favorite fintwit colleagues are still striving today to unravel transatlantic silver market shenanigans via slv, pslv and more to show how much runway London and comex have left while physical silver off take hits record levels. Eric Kingkong9888, semper vigilant1, Bob Coleman profitplusid. Vince vbl ghost, joshphilipfair.
And who is taking lion's share of physical silver out of unallocated or paper?
So much obfuscation of ETF rules & regs, I've almost lost track of the threads end goal.
Yes - very much think that Switzerland is the home of the main drivers in this ongoing boondoggle - much as it is to The Tower Basel , and " The Head Of The Snake " .
Another question ( I suppose ) is how well is that un-elected Globalist
scum-bag & WEF . Schwab / Rothschild ' Hand Maiden ' ...MARK CARNEY going
to be able to lord it over Canada from his Blood Bank in - DER SCHWEIZ .
Very Informativbe - Thanks , this said - I see that Mr Gottleib has put the massive Silver dislocation down to - " Tariff Threats " , which most everyone else of note has put down as something of a smokescreen to try and diguise rather more fundemental and dangerous financial system tectonic plates that are " on the go " right now ...??
Hi David, I'm trying to understand the importance of the numbers. Is the implied lease rate always half of the actual lease rate? Is the implied rate important because the actual lease rate is not being disclosed? Many thanks, best regards, Carlo
I appreciate the content but with well above average (professional) understanding & direct experience in financial especially pm markets -- i cannot make sense of lease rate, true lease rate, implied lease rate, average lease rate, etc. and totally missed the point.
I'm particularly interested in gottliebs writing. Please define your terms or cut to the conclusions w bulletpoints on top?
Additionally, if you or gottlieb can untangle it, 5 of my favorite fintwit colleagues are still striving today to unravel transatlantic silver market shenanigans via slv, pslv and more to show how much runway London and comex have left while physical silver off take hits record levels. Eric Kingkong9888, semper vigilant1, Bob Coleman profitplusid. Vince vbl ghost, joshphilipfair.
And who is taking lion's share of physical silver out of unallocated or paper?
So much obfuscation of ETF rules & regs, I've almost lost track of the threads end goal.
Tia
I am assuming that you know what the lease rate for silver/gold.
This defines what the implied lease rate is using an example of oil:
https://www.investopedia.com/terms/i/impliedrate.asp
The key to silver is IMO how much is readily available to meet London needs - likely from Switzerland.
Yes - very much think that Switzerland is the home of the main drivers in this ongoing boondoggle - much as it is to The Tower Basel , and " The Head Of The Snake " .
Another question ( I suppose ) is how well is that un-elected Globalist
scum-bag & WEF . Schwab / Rothschild ' Hand Maiden ' ...MARK CARNEY going
to be able to lord it over Canada from his Blood Bank in - DER SCHWEIZ .
Would be interesting to see what's going on in Shanghai (the only real physical exchange) now.
Very Informativbe - Thanks , this said - I see that Mr Gottleib has put the massive Silver dislocation down to - " Tariff Threats " , which most everyone else of note has put down as something of a smokescreen to try and diguise rather more fundemental and dangerous financial system tectonic plates that are " on the go " right now ...??
Hi David, I'm trying to understand the importance of the numbers. Is the implied lease rate always half of the actual lease rate? Is the implied rate important because the actual lease rate is not being disclosed? Many thanks, best regards, Carlo
It appears that implied lease rate diverges from the market lease rates when the gold and silver markets are very dynamic.