| From Ninemsn.com.au: For years, hedging was a dirty word among gold and silver miners. It meant they had to sell much of their future gold or silver production at low, fixed prices when prices were in the doldrums. And it led to losing fabulous opportunities at a fortune as gold and silver prices rose sharply.
Naturally, stockholders didn’t take well to that news. They pressured the companies to spend billions over the last several years to buy back those hedges. And the way that idea caught on, some industry insiders thought hedging was gone for good...............................................Full Article: Source
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