I rather it runs on BS than the doomsday scenario.
I have occasionally read your post but this is what I can conclude;
gold goes up the bombers/Feds lost control
gold goes down it was manipulated by the bombers/Feds
gold available/US debt = "true" value, if you want to pump that figure up then add the Chinese debts!
The relationship is obviously there especially from yesterday's Powell commentary, good economic news or/and IR expected to rise strong USD therefore weak gold price. You don't have to read any further into the depth of conspiracy /fake news/prediction/debt implosion etc.....
It isn't up to us with exposure in gold to decide what is right/wrong, up/down. The market does that on your behalf but ideology is the destruction of the investor on the wrong side of price as always.