1. Do you think the gold price at $ 1847 / oz ( that MYG has successfully hedged ) too high?
2. $ 1750 is the assumption, it does not have to be based on current gold price.
3. What do you think the gold price assumption should be? I can tell there are many experts out there predicting gold will reach $3000-$4000 in near future.
4. Im not gold expert, but If MYG has successfully hedged its gold at $ 1847 with big institutions, then $ 1750 is not an optimistic assumption. IMO.
MYG Price at posting:
9.8¢ Sentiment: LT Buy Disclosure: Held
