Bilow,
I certainly wish you luck and all the rest of the long suffering longs in HL, (that is if there were any left at the bottom)!
As for silver, have you seen this article by T Butler:
gold-eagle.com
I have also noticed the markets around the world are "taking turns" with the gold runup. Maybe everyones shorts have to wait in line to get toasted VBG.
In any case, with the above article, silver looks promising for any cash one has which missed (or couldn't keep up with, due to profit taking) all or some of this gold runup.
My questions for you or anyone here is how much gold and silver does HL have hedged? If hedging is low HL may make it back to the glory days of yore, if high, well, scr*&ed again?? I'm real interested in your opinion, as I am out of touch with the internet except on evenings/early AM due to travel and even then my connection is slow and expensive.
Best Regards,
Roebear |
