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Gold/Mining/Energy : Gold Price Monitor

GDXJ 118.97

-0.9%

Dec 24 4:00 PM EST

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To: Broken_Clock who wrote (11875)	5/18/1998 8:52:00 PM
From: Enigma	Read Replies (1) of 116823

Hedging by producers is absolutely legitimate for producers of every kind whether they be farmers, coffee growers, miners, etc. In the same vein manufacturers need the futures markets to nail down their material costs in advance. I'm talking about hedging notspeculating. E.

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