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


To: goldsheet who wrote (51269)4/10/2000 12:42:00 AM
From: d:oug  Read Replies (1) | Respond to of 116753
 
Bob, ok but I would like to attach an "what if true" addition to that fact.

Note1: I have no insight into hedging and the gold market.
Note2: My comments are of a parrot'ing the GATA line.
Note3: I modified Bob's fact sentence into a question.

so if the GATA talk about un-normal hedging is true,
like done by Barrick,
which is not knowed what it is by GATA,
the Barrick hedging,
except that Barrick will not join the GATA team,
resulting in GATA tagging Barrick not as a GATA team player
and thusly guilty by non association with GATA
then,
with...
Australian mining companies carry the largest hedge books,
as a percentage of production and reserves,
of all mining firms in the world,
and if this hedging results in problems
of the sort predicted by GATA
then those who will suffer the most
will be the companies non officer employees
and shareholders
as for sure the companies officers
by nature of doing anti gold price friendly hedging
will by nature be of the criminal type
and already looted and robbed the company.

Doug