Also, he somehow managed to go from >100m to 4m during the financial crisis, which makes his calls... questionable.
Contrary to popular wisdom of 10%, supposedly the ideal allocation towards physical silver and gold is 25-30%. Such an allocation would never see things like this occurring. Of course if you're not a dumb money buy and holder and are more of a trader, the ideal allocation is going to be 100% sometimes and 0% other times. Right now is much closer to a 100% time.