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


To: PaulM who wrote (60584)11/5/2000 10:21:53 PM
From: Zardoz  Read Replies (1) | Respond to of 116780
 
PaulM, it was directed as sarcasm at what the people who assume only one side of the allege gold shorts. Few ask as to what the premium from the short is invested in. In deed, if as an example a hedger is short gold and long say the Canadian currency via options against the US Dollar. Then maybe any dramatic rising of the POG, and the correlation to the CAD dollar would create a stable and steady offset for the short position in gold.

Hutch