Replies to post #18153 on Mostly: Classical

[Cactus Jack]

Just curious why so bearish on gold ($350) given the current monetary environment. If you've addressed this before (which it sounds like you have), my apologies.

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[amarksp]

ouch:
"$350 gold, $20 oil -- is my state of mind -- could even go lower."

do not know of any producers that will still be in business at those prices...