RE:Gold-Hedging Talk Creeps In, But Miners Prefer Exposure
Its more media on why gold is worthless.
Producers will never hedge.
There is too much physical demand for gold every year. more that is being produced, producers know it, media is trying to get everyone to sell gold with articles like this.
Producers will cut costs and shut mines if gold stays low for long creating a demand for physical gold that will make the price rise.
There is no more hedging in the industry, China wants it too much.
If a producer hedged their stock would sell off again. were already too low.
The market has changed since April, media is trying to keep there bull predictions a float but they are long gone.
short squeeze to come. QE4 . more disapointing housing results.
They should be writing articles on why Cisco is laying off and why other companies should follow suit.