hedging in the money

  1. 9,984 Posts.
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    Who would have believed that their hedges at US$700 would eventually be in the money?

    Only wished they hedged some more not too long ago when it was $1400 $A per ounce> Think I suggested at that time to hedge the gold price and $A and lock in that $1400 per ounce.

    Got some criticism on this board for this too, but at little more than $1000 $A per ounce now, kinda wish they did it.
 
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