Quote from Mineweb today:
The other tack employed in commodity leverage is de-hedging. As mining companies continue to unwind gold hedges "with enthusiastic support from an investment community hungry for Beta," Hill and Wark advocated that remaining hedgers "buy back loss-making positions as soon as possible, before gold launches an assault on its historic highs. Project-finance related hedging is probably best achieved by put-options strategies preserving upside exposure."
Quote from Mineweb today:The other tack employed in commodity...
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