US treasury yields are dropping and gold is rising along with the oz dollar, 2605 an ounce we are sitting at. Has the unhedging at 2715 been a good decision? I reckon they were super pissed the missed 2815 an ounce for 6 months they broke the hedge contract in the hope we would be at 2800 odd now. Maybe it will roar up in next couple of months.
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