From jsmineset.com's Jim Sinclair

Apparently the Scottish hedge fund manager Hendrey, who is by his own admission "short some gold shares," is warning about confiscation without remuneration of gold companies above gold $3000. Either he has never studied gold history, or totally misunderstood its role in the 1930s.

Could it be that Mr. Hendrey has overstayed his welcome and is a bit of a sore loser?