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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Wizzer who wrote (10921)4/29/1998 12:58:00 PM
From: Enigma  Read Replies (1) | Respond to of 116764
 
"Hedging by Australian Producers". When gold went down a couple of days back the 'experts' quoted by Comex blamed the Aussies

The following quote is from today's Comex News:

"Normandy Group executive chairman Robert Champion de Crespigny downplayed hedge selling from Australia, saying that most Australian producers were already fully hedged".

How many times do the experts look at the price action and make up a story to suit their bias?