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To: Enigma who wrote (56068)7/11/2000 11:35:13 PM
From: Rarebird  Read Replies (1) | Respond to of 116823
 
<We've got to be grown up about the realities of commercial practice.>

With all due respect, I think the statement that you've made above applies especially to you. If you can make a statement that " I fail to see or remember when producers go long gold" and "Producers rarely go long gold - why should they?", you have got to be incredibly naive.



To: Enigma who wrote (56068)7/12/2000 12:09:45 AM
From: long-gone  Read Replies (1) | Respond to of 116823
 
<<Put the shoe on the other foot - why should a bank absorb the price risk on a loan?>>

We have to nothing of the sort! When S&P stepped in and demanded all mining companies hedge or suffer a drop in credit rating - this became manipulation!