Many of his theories about gold are just absurd. He says gold only rallies when people lose faith in government. Yet gold rallied viciously from 2002 to 2008 during an economic boom that had everyone believing in government....... It rallied again from 2009 to 2011, also a period when government intervened aggressively....... Gold rallies for the simple reason that there is too much money floating around and some of it lands in the gold market. The only reason that hasn’t happened lately is because the interventions are preventing it from sticking in the gold market and are protecting it in the stock market....... We are witnessing a great experiment in market manipulation, maybe the largest in history. I suspect it’s not going to end well.