SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zardoz who wrote (69839)5/21/2001 7:58:11 AM
From: long-gone  Read Replies (1) of 116764
 
<<The HUI is not any better then the XAU index since the hedgers can sell into any rally and thus mitigate the rise in the POGand hence the HUI. >>

Not really true, if one want's to look at the true direction gold / silver producers only, though you are correct that any could hedge to a greater extent an any moment. Some of those on the HUI have spoken against "excessive hedging", but God only knows what that means & much the same comments have been made by some on both XAU & HUI. There are far less other non ferrous metals represented on the HUI.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News