Question: At what downside price for gold would make you puke?

Discussion in 'Stocks & Derivatives' started by SilverSanchez, May 14, 2012.

  1. boyracer

    boyracer Member

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    Fair enough - like I said was a general comment based on knowing next to nothing about how you are running your hedges, tax situation etc.

    I will say though it sounds like you are "over hedging" and therefore taking on more risk in paper ounces than your physical stack. Nothing wrong with that but more risk does require a higher potential return to justify it.

    To be completely honest it sounds like you are not really hedging at all but actively trading for speculative gain. Again, nothing wrong with that if you choose to do so.
     
  2. SilverSanchez

    SilverSanchez Active Member

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    I think its time to ressurect this thread ;) have a little look back into the past
     
  3. SilverSanchez

    SilverSanchez Active Member

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    ... would you believe 2014?

    [​IMG]
     
  4. Scyb

    Scyb Member Silver Stacker

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    I would be scared if gold goes <$1000 USD
     
  5. Greenman

    Greenman Member Silver Stacker

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    I'd like to call out TheEnd, and ask him at what price he would be scared?
     
  6. VRS

    VRS Well-Known Member Silver Stacker

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    US$800/oz - because under that even Yamana & Randgold would be struggling - and Mark Bristow @ Randgold has specified that as the point to which they're 'bulletproof'
     
  7. alor

    alor Well-Known Member Silver Stacker

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    [​IMG] below 1200 ? or 1000 again :)
     

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