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Gold/Mining/Energy : Gold Price Monitor
GDXJ 143.68-4.5%Jan 29 4:00 PM EST
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To: SliderOnTheBlack who wrote (62114)12/21/2000 9:52:30 AM
From: Professor Dotcomm  Read Replies (1) of 116935
 
re XAU and a gold spike:

Does anyone know how extensive is the gold hedging made by the companies that make up the XAU index?

If it is extensive, a sharp upward spike in the POG may lead to problems with these XAU companies and hence to the index itself.
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