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Silver Forward Mid Rates May Indicate Supplies Are Increasing
Mar. 28, 2011 07:44PM PST
Silver InvestingBloomberg reported that silver forward mid rates moved to negative, implying that supplies are increasing.
Bloomberg reported that silver forward mid rates moved to negative, implying that supplies are increasing.
The market news is quoted as saying:
The 12-month lease rate, the cost of borrowing silver, was at 0.75 percent today, down from 1.39 percent on Feb. 21, the data show.