RE: RE: Close the hedge! - CorrectionI have to agree with Insitu on this. Aside from any accounting line items which add this and subtract that, and then add this, and then subtract that, the bottom line is what matters. Any accounting entries for what could have been are meaningless.
Total revenue minus total costs = profit. End of story. Otherwise, the higher the silver price, the more USA loses? That would certainly be bass ackwards!