Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (45074)	6/26/2013 7:09:54 PM
From: ItsAllCyclical	Respond to of 48092

(edit) I find it interesting too, but it's total different to control the gold price when it's been in a bear for 20 years vs a mid cycle correction with every LT reason to buy gold more valid than ever. Is ABX desperate/dumb enough to hedge again? If they do will it really matter to the same degree? Assuming they do hedge I can't seem them hedging nearly as big a percentage as they did in the past. To take down ABX from a debt standpoint I think you'd need to hold gold under $1,000 for several years and even then I think they'd find a way to survive. Different beast these days. Costs will be coming down soon as well. China/FED trying to allow bubbles to cool, but they can't keep their money presses idle for very long.