Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: russet who wrote (3498)	10/15/2005 11:40:33 AM
From: tyc:>	Read Replies (1) of 3558

>>You have to look at everything Barrick does No! I am not slamming Barrick ! I am talking about only the risk of forward selling gold, which you say is almost risk-free. Suppose Ford in 1930 forward sold some of its automobile production for an indefinite period into the future, based on 1930 prices ! Would that not have been full of risk in view of unrelenting inflation of costs ? No doubt the price of auto's fell for a few years thereafter but....

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