Hi emark , Yes ,that is as i see it.Papers , from the very...

Hi emark ,
Yes ,that is as i see it.

Papers , from the very beginning will tend to extenuate the negative and upscale the positive.
What paper told you to buy PDN at 0.01 or FMG at 0.05 ?
Pay peanuts (price of a paper ) -get monkeys.Not a criticism , just...reality .You get what you pay for.

Think for yourself
What are the benefits/negatives to more /less hedging ?We have certainly witnessed some negatives lately with big hedging contracts.

Do i expect the U.S. rates to drop further than the AUS rates increase , leading to a net benefit to cnp by less hedging ?
(I certainly do , and thus my bemusement at sheep-like superficial sensationalist articles and posts. )

cheers