Gold Price Monitor Message Board

STOCKTALK

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 92.99

+2.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rarebird who wrote (73007)	7/7/2001 12:56:22 PM
From: long-gone	Read Replies (1) of 116753

<<Hedging has its place, especially during a Bear Market. The time to cover hedges is when you get confirmation that a Bull Market has begun. You think ABX is stupid or married to these hedges? >> Whihc is exactly what I've been trying to tell everyone, Ken & the rest of the gold bears have been mindlessly chanting their stupid mantra of "They will only increase their hedge positions" "They will only increase their hedge positions". Even though ABX said the gold market has turned positive & there would be no additional hedging! Who do they think will increase hedge books? AU has reduced hedge book & has said it will further reduce. NEM has near no Hedge position as does Harmony. ABX + HM will not increase hedge position. The rest of the world's mining total is not a significant percentage! Don't they get it?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next