Bron Suchecki

How Will Lease Recalls Impact Gold's Price?

Charles Moorehead, lease contacts are for ounces, so ounces have to be returned at maturity. I doubt many lenders would take cash settlement. In any case, the lender could/would just use the cash to buy the physical so one could argue not much difference between cash or ounce settlement of a lease. There is a catch however, which I'll cover in my next article.