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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (66858)8/25/2009 9:47:15 AM
From: Tommaso  Read Replies (1) | Respond to of 78408
 
I guess closing the hedges is like buying gold at the current price. A hard decision, especially if you have any doubts at all about the direction of gold prices.

As an investor, I dislike hedges. I suppose they are a kind of corporate life insurance to make sure a company survives, but it can be a very expensive policy.