He hasn't exactly hit a home run with gold over the past 4-5 years. Though, I suspect this will change.
Well, up 25% in that time is really nothing to sneeze at. Solid performance. You'd have to compare it to something like Bitcoin to have done much better.
And he's right - the vast money expansion that the FED has been causing is the only thing that has kept stocks and bonds in positive territory. When all that cash starts flowing back home, there'll be a bloodbath in the dollar's buying power, and gold will skyrocket in dollar terms, even if only holding its purchasing power.