Well said, but I think you're missing the point of my last post. The reality is that, against all the impressive odds that we goldbugs tote up, gold prices have been drifting lower for quite a while now, and there's a well-recognised explanation for it ("pushing on a string"). Unless we can foresee this situation changing, debt-driven deflationary pressures may be expected to suppress gold prices into the future, and a long position will be loss-making. This headwind can endure regardless of any market manipulation.
However, relief may be in sight. Bernanke has recognised the growing inadequacy of monetary measures alone to counter the rising deflationary pressure of debt, and has begun exerting pressure for Congress to supplement QE and ZIRP with fiscal relief.
Regarding your words, I don't deny that the outlook seems grim debtwise etc. However, it doesn't matter how bad things look if they don't implode, and so far they haven't. I'd suggest that even the 2008 crisis proved more retrievable and less cathartic than expected. If we want to forecast just how long the world can continue to stave off a conclusive reversal of the present unsustainable trends, we need evidence, because even if we think Oliver's article will be proved wrong, it hasn't been yet.
