Right on the money.
Interesting that he is Chairman of Central Gold Fund, and that he doubts the ETFs have the gold. Hope he's wrong on that - I hold IGT (=IAU). He figures the gold producers and gold stocks are ahead of themselves - but that the better money to be made is in the juniors.
(Pardon me bugging people to write in about the Agoracom message editor problem - I forgot to mention that I'm trying to help Agora with this - thanks)