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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (2888)5/18/2002 4:42:52 PM
From: goldsheet  Read Replies (1) of 3558
 
>Are you claiming that there is no sale of borrowed gold sold short in the spot market to set up the spot defferred?

No, you are misreading my posts.

gold is borrowed
gold is sold in spot market
proceeds are invested
hedge DOES NOT have to be covered in spot market, it can be covered from production.
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