Turk's statement:

"My longstanding price target for gold, first given in an interview in Barron's back in October 2003 when gold was in the $340s, is $7,000 per ounce by 2013-15. But given how badly the Federal Reserve is destroying the dollar probably means that my price forecast will be too low."

If he's right, it will have been a great call by him. If his updated prediction is way off, will he be viewed as an arrogant fellow, who was shooting his mouth off to enhance his own position, or just a guy who made an incorrect prediction, and will be quickly forgiven. I assume he has factored in manipulation of the price in his prognostication, or will that be the reason given if his prediction is wrong?