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To: d:oug who wrote (59264)10/4/2000 6:31:58 AM
From: d:oug  Read Replies (2) | Respond to of 116815
 
... handled their hedge... such as Barrick, respect must be shown.

[start.] And then on the other hand if what Barrick has accomplished
in being the only gold producer to have "safe" hedging while
at the same time to accumulate huge massive extremely large
amounts of this "safe" hedging, then its like that saying when
"If it seems to be too good to be true, then it ain't" can be said
towards the Barrick stuff "If it is true, all that good stuff, then there
must be a reason, as in manipulation a.k.a. criminal activity."
for how can only one of many be the only one able to take a risk
and not receive the penalty for being wrong?

Everything that relates to a transfer of money requires one side
to give and the other side to take, while at the same time the opposite
movement is made of a value equal to the money, as in services
or goods. Exception is in gambling with only a single one way
transfer, loser to winner.

For Barrick to hedge big time, a gamble, and tell their shareholders
that they are in a win/win, or a never lose transaction, where the
final outcome may be a Yes or a No as in price of gold increases
or decreases, and no matter which, they win in both.

Ya, Brooklyn Bridge aTime,
or manipulated aTime,
or criminal activity aTime.

Barrick's hedges are so "good" that they can not lost,
no matter the outcome of WHAT they hedged against.

If so, then it fixed so that ANOTHER is FORCED to accept
and take the risk. If so then who is the DUMMY. Probably
not a dummy anywhere, just corrupted folks fixing the system
in a way to make manipulation look mild.

dougak19 [end.]

--- we now resume normal programming ---

From: GATA Committee <GATAComm@a...>
Date: Wed Oct 4, 2000 1:18am
Subject: Is the gold market sitting on a time bomb?

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