Platinum Lease rate at 12 Month high

Discussion in 'Platinum' started by BlackSheep, Apr 16, 2012.

  1. BlackSheep

    BlackSheep Active Member Silver Stacker

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    I've been trying to get a better handle on any "signals" Platinum might give in following the PM riddle, over the last few months it seems to have done a good job of telegraphing moves in gold.

    My jaw dropped when I had a look at the current Pt lease rate this morning - check out the spike up!

    [​IMG]


    I haven't been able to find more than 12 mth history on the Pt lease rates, although if Silvers behaviour is anything to go by maybe this could bode well for Pt in the near future?

    Here's a link to 30 day, 60 day, 6 mth and 12 mth Pt lease rate charts:
    http://www.kitco.com/charts/pt_leaserates.html
     
  2. Lunarowl

    Lunarowl Active Member Silver Stacker

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    does this mean Pt will drop?
     
  3. hiho

    hiho Active Member Silver Stacker

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    [​IMG] [​IMG]
    Source:
     
  4. BlackSheep

    BlackSheep Active Member Silver Stacker

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    IMHO If Silver's behaviour is anything to go by it could possibly mean it could be about to turn back up - at the very least it seems to me they are trying to put the brakes on the downtrend, this stuff aint easy to get!

    Please bear in mind that this is purely a theory from an uneducated sheep! :p
     
  5. BlackSheep

    BlackSheep Active Member Silver Stacker

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    Looks like Silver lease rates are coming along for the ride! :)

    [​IMG]

    edit: just noticed, the 1 month Ag rate is still flat, Apr 25th is Ag options expiry - fireworks anyone?
     

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