I don't regard gold as an investment, or a speculation. To me, gold is a bridge across chaos that, should you survive, leaves you with enough wealth to start over.
Silver on the other hand, is what you need during that period of chaos, assuming there's anything left to buy.
Gold you hide in a safe place. Silver you keep close at hand. The Romans understood this long before Gresham stated his famous law. That's why we still find hoards of old coins buried in Roman ruins. Those were the ones that didn't make it, but at least they tried.
ebear