agree with your points generally
however you are missing one point that gold and silver have precedent as a hedge - old money investors move to safe havens in a downturn
the return to real money - ie gold and silver coins is even muted by a few gold and silver bulls - check out Kitco website for example
too much paper money around right now
a 21 yr old with any old job and zero savings can have 2 or 300 k thrown at them by banks.
so either way - commodities 20yr bull run or major downturn and debt crisis it would seem gold and silver producers are winners?