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To: pater tenebrarum who wrote (65307)2/7/2001 9:46:55 AM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<so with all gold producers then with hedges up their wazoo, nobody would be interested in higher gold prices anymore...>

Then it could finally go up.

DAK



To: pater tenebrarum who wrote (65307)2/7/2001 9:57:10 AM
From: marginmike  Read Replies (1) | Respond to of 436258
 
Whos the last non hedger if GOLD is sold?



To: pater tenebrarum who wrote (65307)2/7/2001 3:48:16 PM
From: baystock  Read Replies (1) | Respond to of 436258
 
<< but what if they do take over GOLD and then increase their hedge by another 10m. oz.? >>
Then they would indeed be wacko, a la ABX.

<< and the number of TRUE non-hedgers would shrink to one.>>
This scarcity should make that one more valuable


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