I don’t consider him a gold bug. Just one of many capitalizing on writing things people like to read. He knows nothing about the “game” or “situation” in my book.
Or if he knows, what I know, he can’t admit it. Probably signed agreements when he started employment with gov’t. When things look bad, people in general prefer enjoy exiting disastrous negative info. Positive news is boring, no fun.
Opposite when things are fine like up to the mid 1970s. Start talking warning about exiting disastrous negative future info and they don’t want to hear it. I tried.