Barrick Gold (ABX) 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 : Barrick Gold (ABX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: russet who wrote (3070)	5/29/2002 5:55:33 PM
From: gemsearcher	Read Replies (2) of 3558

It's nice to see that re-inflated hamsters retain their vigour (gggg). There is no question that the ABZ hedge program was/is a brilliant construct. Indeed it appears that you can have your cake and eat it too. In the murky derivatives world , the truth usually lies somewhere in the middle. Goldman turning bullish on gold , then downgrading ABZ? Say it ain't so ! That all said , I have great respect for R. Olliphant and his ability to effectively hedge the hedge over time. At some point the major hedgers , the counterparties and the bullion banks will realize that they are all in the same tent... a united we stand , divided we fall kind of thing. This is much much bigger I suspect than a negative hedgebook. This ain't no party , this ain't no disco , this ain't no foolin' around (read this ain't no Ashanti). Best Luck to All.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next