Guest(s): Clive Johnson President & CEO, B2Gold It could potentially be “dangerous” to rely on higher gold prices to be profitable as a miner, said Clive Johnson, CEO of B2Gold. “I’ve never been a gold bug, I’ve never believed that gold has to go higher, because I think that as a CEO of a gold mining company that would be a dangerous thing, because you could potentially do a deal that wasn’t great because you’re thinking gold’s going to save your butt by going higher,” Johnson told Kitco News on the sidelines of the BMO Global Metals & Mining Conference. (show less)
Ps. Gold is money and a good store of value. The Fed cannot allow their counterfeit inflated dollars (Federal Reserve Notes) to collapse against gold. Increased naked short selling by Fed proxies will keep gold price suppressed.
Agree there. Until the right black swans(s) appear. Then it's over for the Fed and their scams on Capitalism through debt. Then the floodgates open as the world scurries for safety.