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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: MetalTrader who wrote (41890)11/21/2003 5:45:53 PM
From: smolejv@gmx.net  Respond to of 74559
 
>>Cramer...a maroon<< Takes two to buggie - Kudlow the moron (Just watching Conan the Barbarian, so I may be misappropriating/misallocating attributes)

Will never forget how enthused Larry was over the New Europe in the disguise of (gasp) Condottiere Berlusconi.

RegZ

dj



To: MetalTrader who wrote (41890)11/22/2003 1:26:01 PM
From: ild  Read Replies (1) | Respond to of 74559
 
RE: ABX hedging

I didn't go through ABX hedging book, but had an impression that they still have a significant hedge. What can threaten them is high inflation when POG rises sharply but their expenses are also up a lot.

Here's some October JMP research on ABX. It says they have 3 year worth of hedged production.
idorfman.com


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