Great stuff as always.

I've always viewed gold and silver as insurance against hyperinflation. You buy gold and silver at historically low level, and then you hope it DOESNT go up in value. Because if it does, it means all your other opportunities in life decreased. It will be harder to do business and life in general will suck more. The only good thing for you with your gold and silver is that it will suck LESS than for most people.

I view Bitcoin a little bit as the same thing - digital gold. The only difference is that Bitcoin would be at approx $300,000 if it had the same position as gold as a store of value.