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

To: Real Man who wrote (89818)9/20/2002 5:26:04 PM
From: goldsheet  Read Replies (1) | Respond to of 116825
 
<I think there may be opportunity for them to reduce hedges, if gold investment demand does not pick up>

With reduced demand (especially jewelry, especially India), it almost becomes required that miners shift from the supply side (hedges) to the demand side (covering) I think they will be good for 600-800mt of demand, which is 20-25% of current projected demand (about 3250mt)


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