GOLD
Click for more information
0.51% $1,391.7 gold futures

"Have We Reached The Breaking Point?", page-110

  1. timber1956
    7,423 Posts.
    lightbulb Created with Sketch. 152
    clock Created with Sketch.
    14/09/15
    16:54
    Post #: 15989130
    Slider

    "However as gold was the desired investment:
    1. The Long USD gold
    2. Was Hedged Long USD-Short AUD."

    Wow! If I understand this correctly, your idea of hedging is to double up!

    Assuming that you are an Australian investor, you would have bought USD-sold AUD to pay for the first leg. Then, on top of that? you have hedged buy going long USD short AUD? Hedging what?
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

BHP BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning
right-arrow Created with Sketch.
SKS SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
right-arrow Created with Sketch.
IMM Immutep reports strong response rate from immunotherapies treating carcinomas
right-arrow Created with Sketch.
NEWS Almonty locks in govt agreement for tungsten oxide plant in South Korea
right-arrow Created with Sketch.
NIM Nimy to raise $1.21M to explore 'newsy' WA targets
right-arrow Created with Sketch.
TLX Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.