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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (50105)3/7/2000 6:53:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116815
 
<Could not a hedged position not be viewed as the same as(or worse or even worse than) debt in a raising price environment?>

Richard, ABX is no Ashanti or Cambior.




To: long-gone who wrote (50105)3/7/2000 7:01:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116815
 
It is the strength of the Dollar and the productivity gains in technology that has kept Gold down below $300 an ounce.

Using ABX as a scapegoat for the decline in the POG misses the point: Gold is a primarily a currency not a commodity like oil.


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