Gold Hedging: Up Close And Personal [View article]
I can never understand why I would want to hedge one stock with another under the presumption they will offset each other. This is essentially a variation on market timing because in order to take advantage of the expected gold rally you have to know when to remove the hedge (as gold starts a bull run).
Why not just sell your gold stock and wait for the point where you would otherwise remove the hedge and buy the stock back again? Is this not equivalent to a pure hedge?
Gold Hedging: Up Close And Personal [View article]
Why not just sell your gold stock and wait for the point where you would otherwise remove the hedge and buy the stock back again? Is this not equivalent to a pure hedge?