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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

Dec 1 4:00 PM EST

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To: Ken Benes who wrote (60649)	11/7/2000 8:53:11 AM
From: Enigma	Read Replies (1) of 116790

Read the post for a change and read the one I was responding to. Hedging takes place to secure a price - not because the producer, or the farmer, thinks the price will fall. However it MAY fall. That's why farmers and cotton producers, etc., started hedging in the first place. You have to have a glimmer of understanding and common sense to debate these issues Ken! Back to school with you!

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