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Re: Trying to understand "gold lease rate"

Thanks for the good explanation. It seems that this gold lending business not only help the jewelers to defray paying for gold before collecting the money from customers, it also helps them from carrying the market risk of gold. They don't need to worry price of gold goes up and down, as they can pa...
by BostonFern
Mon Sep 02, 2013 2:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Trying to understand "gold lease rate"
Replies: 2
Views: 424

Trying to understand "gold lease rate"

I'm reading about gold and one thing pops up is the gold lease rate, which is a new terminology to me. So I look for an explanation and found this link: http://www.kitco.com/glossary/lease_rates.html It specifically says "The lending and borrowing of gold is pretty much reserved for bullion ban...
by BostonFern
Sat Aug 31, 2013 9:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Trying to understand "gold lease rate"
Replies: 2
Views: 424

thank you all.

Sorry for my silly statement. Now I know there is nothing to be alarmed about, and I don't need to decide whether I should keep the fund or not.

And thank you for the link to Morningstar forum too.
by BostonFern
Sat Sep 10, 2011 6:47 pm
 
Forum: Investing - Theory, News & General
Topic: Fidelity Low-Price Stock fell more than 8% in a day
Replies: 13
Views: 2296

Fidelity Low-Price Stock fell more than 8% in a day

I cannot believe this 4-star fund fell more than 8% while spy fell less than 3%. Go to Google finance to take a look at this fund symbol FLPSX. ( I'm not allowed to post a link because I'm a new member. ) From this page, you can see the fund had been doing quite well until yesterday. The biggest hol...
by BostonFern
Sat Sep 10, 2011 7:38 am
 
Forum: Investing - Theory, News & General
Topic: Fidelity Low-Price Stock fell more than 8% in a day
Replies: 13
Views: 2296

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