Re: eBay: 100 troy oz. (3.11kg) Engelhard .999+ silver bar
by "Andy" <Imsickofspam@[EMAIL PROTECTED]
>
Mar 27, 2008 at 07:04 AM
> Depending on markets, the bank may 'lease' the bullion from you and
> pay
> a lease rate (as high as 12% on plat & palladium- - as low as 1.5% for
> gold or silver). You can arrange to have the premium paid in metal.
>
Just wondering why banks would lease bullion, what's in it for them? I
always assumed that bullion was a non-income producing investment.
Andrew
