Why are platinum lease rates so high at over 5.0% while gold and palladium lease rates are under .25%? Silver is at a respectable 3.5% now vs. under 1% a year ago... Platinum has most always been above 4% for the past year.
Guess it must have to do with the current scarcity of supply vs. demand? What other factors influence lease rates...? If one could only trust those bullion banks, I would love to lease my 10 ounces of platinum at a 5% interest rate for the next year if I could only trust those bullion banks to return those coins in 12 months...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.