... He also thinks gold will be confiscated.
Provided they can find it. :rolleyes:
They don't have to find it they just have to make it illegal to deal in it. No reputable dealer will buy it back after that and the black market will drive the price down to the dirt floor.
I like the idea of silver better because it's cheaper, the price has never fluctuated as wildly as gold has in the last 40 years, and because it is "cheap" it will be easier to use for trading, and is not subject to counterfeiting as some gold was found to be recently. It is also more widely used in industry so is less likely to be regulated/confiscated by Big Bro.
Just my personal opinion though as I'm no expert.
Marsha