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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (125380)7/25/2008 2:04:52 PM
From: jpthoma1  Respond to of 313740
 
Yes.

In 1999, the average realized price was US$327/oz while the average spot price was US$286/oz.

Hedging was profitable at that time!

JP