Look at these 2 statements of theirs:
Did gold really go up 2.60?
No. It actually went down -0.20 in real terms, but US Dollar weakness makes it appear to have gone the other way.
Did gold really go down 1.20?
Yes. But had the US Dollar not lost purchasing power it would have dropped 11.00.
Same info but interpretation leads the reader to believe the worst for gold in both circumstances.
Glorieux