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<p>[QUOTE=&quot;Otter, post: 750936, member: 3464&quot;]<b>Barrick Gold eliminates hedge book.</b></p><p><br /></p><p><i>&quot;Barrick Gold Corp. said Tuesday it has eliminated all of its gold hedges, giving the company greater exposure to the price of gold.</i></p><p><i><br /></i></p><p><i>The move exposes Barrick to fluctuations in the price of gold, which have largely disappeared as the price of gold has climbed to today&#039;s record of $1, 198.70 US on fears of inflation.&quot;</i></p><p><i><br /></i></p><p><i>&quot;Barrick Gold chief executive Aaron Regent said global output has been falling by roughly one million ounces a year since the start of the decade. He added that believes gold may have farther to run.&quot;</i></p><p><br /></p><p>Not likely they would do this unless they thought it was going up, up, up![/QUOTE]</p><p><br /></p>

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