silver hedging, page-12

"I also think you don't understand hedging"

Yeah well I mighn't be the sharpest tool in the shed on it, but you did use the word "think" and frankly what you "think about my understanding" is none of my business and I don't give a toss anyway. I believe I have a handle on the basics, having been exposed to hedging currency in my business.

I'm one for locking in profit margins when things are rosy because you cannot pick the peaks or the troughs.

I'd rather some certainty in earning a good profit rather than risking to get a brilliant profit.

But that's just my outlook, you're clearly more of a punter than me.