Bank of Queensland was arguably the sexiest bank in Australia throughout 2005 and early 2006. However, all good stories come to an end eventually. Part I in a series of II.
Hedging seems like a sensible approach. Is it?
(Continuing from Part I)
When gold is in the news, gold miners are in the news, and when gold miners are in the news, the focus turns to hedge books. What exactly is gold hedging, and why do gold miners hedge?