This is a sure sign of silver manipulation. What profit motive could stimulate an entity to loan out a valuable commodity and wish to get back less than they loaned out?
Obviously they won't lend me a hundred million oz and let me pay back all but 3.7 mil oz. They are lending it to someone with the express intention of suppressing the price of silver.
Gold lease rates have just all returned to at least 0. To me it implies that the boyz are really afraid of silver getting away from them.