He says the POG is NOT correlated with inflation, rather with confidence in government.....Well, from 2001 to 2011 gold went from $250 to $1925!!! Lot's of inflation then, no loss in gov't confidence. (Armstrong Wrong?)....And, Golds''s recently made major gains against most all major currencies, except the US Dollar. This during a time of enormous global money printing. Don't see much loss of confidence here either. (Armstrong Wrong Again?)... You be the judge!