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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: nickel61 who wrote (1695)12/31/1999 1:48:00 AM
From: Enigma  Respond to of 3558
 
"I've explained it several times as well as pointed out that your own quote from the Barrick web page clearly points out they are selling the leased gold in order to take the proceeds and reinvest in other financial assets"

Show me the specific wording - they talk about situations where they might roll over a contract and sell into the spot market - but show me the wording which says they do this in the normal course of their hedging operations. and keep cool! I'm trying to pin you down - and you are throwing up smokescreens - I guess applying the adage that the best form of defense is attack? As I've told you before you may be right - but show me.