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Gold/Mining/Energy : Gold Price Monitor
GDXJ 110.89+1.8%Dec 10 4:00 PM EST
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To: Zardoz who wrote (39763)8/30/1999 9:54:00 AM
From: Chispas  Read Replies (1) of 116808
 
Hutch,
About those 90% stock loans that David Tice brought
to our attention, I agree that the lenders would have taken
hedges.
This creates counterparty risk.
So, in the overall scheme of the stock market bubble,
it would appear that the hedges accomplish nothing.
I ask this question on Kitco, got no response.
Would you care to comment?

Thanks, Chispas

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