Gold moving in on $1350 again.
But most of the gold bugs have disappeared
From the BDR thread.
They move it up and down and sideways.
All to get holders selling.
Usually at less than they bought them for.
If SJ cared about shareholders
He would be looking at hedging.
Last year RSG hedged at $1330
After gold had hit $1350
and started heading down.
BDR could do better
The top this time could be $1375 or more.
Hedging on the way down
Even at $1350 would make most holders happy.
Could even suck me in.
Cheers
BDR Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held