I would like to point out to you that perhaps a far more pausible reason for the rise of gold during this period of time has been because of the massive increase in the printing of U.S. dollars in which of course gold is measured.
... except, if you look at the graph for US CPI inflation from ~1988-present, it has stayed well below 5%. So, where is this "massive increase in the printing of US dollars" you were speaking about? Or are you saying that the government lies about CPI numbers, but not about the disposition of its gold assets? More selective 'belief' on your part?