Yes but if I recall that i/v, what he is saying is that in the s/t (like early next year) POG will hit around 2,200 and then undergo a massive decline as DEFLATION takes hold (his view with which I agree is that money printing is just keeping deflation at bay even though it is trying to increase inflation). This decline to the 1,000 mark will be longterm and then start a gradual increase reaching around 6,000 in 2038 (by then most of us will be pushing up daisies (like 6 feet underground).
THE 4 MILLION OUNCE BET, page-1702
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