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What is Defending Barrick about?

This document provides an overview and defense of gold hedging practices, specifically those of Barrick Gold Corporation. It begins with an introduction noting the frequent criticism of gold hedging and claims that it suppresses the gold price. The document then discusses the theory and mechanics of hedging, explaining that it is a risk management strategy used to reduce exposure to potentially costly events. It states that hedging transfers risk from companies to speculators willing to take on risk. The do

Author

JarjitUpinIpinJarjit

Language

EN