Treece Blog: Golden goose eggs rarely hatch | Toledo Newspaper
What that means is that Barrick is no longer protected from a falling gold price. Of course, if Barrick is really so omniscient, it’s curious the company didn’t unwind those hedges 10 years ago, before gold quadrupled in price. Instead, Barrick waited until gold reached all-time … It’s understandable why, in today’s climate, people are nervous and want some kind of insurance policy, or even some investment that can help propel their portfolios back to pre-crash levels. …
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