There is a lot of fraud in the psychic arena, no doubt about that. But some psychic phenomena are real, and they can't be denied. Randi had a fixation about psychic powers. He couldn't let himself even admit the possibility that they might exist. He had exposed so many frauds, he leapt to the false conclusion that everything psychic was a fraud. The real psychic events, which are non-causal and involve synchronicity, cannot be investigated or debunked by material means.