Hi Scoutaz_2003
The way I interpret his analysis is as follows:
He sees three situations for gold, as follows:
1. He sees paper gold eventually being recognized as the fraud it really is. Kitco and the "houses' will still sell the paper, but with no supply available.
2.Officially, because there will be no supply available, he sees bullion plummeting (he uses $200.00 for gold). Compare this to the coins in circulation today - $5.00 for one ounce of silver and $50.00 for one ounce of gold.
3.Unofficially, he sees "freegold" being whatever buyers and sellers decide to exchange for.
Good Luck to all!