imho the best review of gata's work to date, page-9

Argh! This is craziness.

This is off a website that peddles the idea that fiat money is the root of all evil and the central banks are all out to get us with their incessant money printing and inflation creation?

Even the interview is written in a crazy tin foil hat wearing way. Talking about how his car was stolen and implying that it was linked with this is insane.

The mechanics of it don't make sense. How do these "bullion banks" constantly borrow enough gold to keep the price down? Eventually there won't be any more gold to borrow, driving the borrow price up and making the carry trade unprofitable.

Gold is an investment that just doesn't make sense any more anyway. Would would anyone buy an asset as a hedge against doom when the only use for that metal is jewelery and investment?