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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (17875)3/9/2016 10:44:30 PM
From: benwood  Read Replies (2) | Respond to of 33421
 
That forward hedging however is what precious metals miners started to do in the 90s and when the bull came around early in the last decade, many of them were royally screwed with paper losses. It took years for them to either go BK or unwind and brag about being unhedged (versus unhinged... -g- ).

Same as now, they did it for survival.