Bru4orr.. My ... but you are up late tonight, but perhaps you are on the west coast ..
In regard to the hedging.. I tend to think that more may come out to the lime light and out of the closet in the not so distant future.
I would think that after this latest round of un-hedging, the balance of the hedgers will come to realize the same.
I believe we may yet , all come to the realization that this hedging has done nothing to support the price of gold.
I also believe those individuals that persist in shorting gold.. will, in the near future, also feel a little lighter in their bank accounts.
So.. for looking into the near future. my crystal ball has gold rising.
I sincerely hope you are seeing a little more green in your portfolio as well in this past few months.