Why hedge gold price to lock in profit.
ok. Sounds reasonable
where are oil hedges to stop the biggest cost getting out of hand.
also why lock in such a large amount in one go. Why not average into a position.
banks like hedges to secure finance so why remove a trump card from future negotiations.
I do believe there are circumstances that support hedging. But none of them exist here.
the average gold price recieved by bcn is one on the highest on the asx as a result of little hedging.
Why hedge gold price to lock in profit. ok. Sounds reasonable...
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