Claude Res Inc CLGRF

RE:$1000 gold could be catastrophic for gold miners

[mysterywriter]

What a moron of an article. Of course 1000.00 gold would be devastating to the miners and explorers alike. Nine hundred dollars would hurt even more while 8 hundred would even be worse...etc; etc;..What sort of a wizard wrote such useless garbage? Very simple conclusion that any moron could easily come up with... Perhaps he should have also surmised what a 2000.00 dollar gold price would do. Central banks continue to buy this relic metal, especially China, Russia and many many others.. The gold and silver coins are flying out of the vaults in record times and yet gold has been kicked in the nuts... One event I found encouraging is gold & silver both up substantially in price on a Friday, very rare indeed..... Countries continue to print fiat with fervor and gold gets kicked in the nuts... Countries continue to deny any significant inflation now or in the recent past ( the past 10 to 20 years ) obviously a lot of number twisting. Even the price of producing an ounce of gold has sharply risen over that period, but not much else according to the gov't stats. What a bogus claim by these same gov'ts. I suggest that this Clown write an article of how $40 oil would be catastrophic for oil companies or maybe how $2 wheat would be catastrophic for farmers.....