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Bron Suchecki: Will gold miners hedge, as in the 1990s, into a falling price?
8:30a ET Friday, August 7, 2015
Dear Friend of GATA and Gold:
Perth Mint research director Bron Suchecki writes today that while gold mining companies already running at a loss at the current low prices may have to hedge their production to survive, the practice will harm the industry generally if other companies engage in it. Suchecki's analysis is headlined "Will Gold Miners Hedge, As In the 1990s, Into a Falling Price?" and it's posted at the Perth Mint's Internet site here:
http://research.perthmint.com.au/2015/08/06/will-gold-miners-hedge-like-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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