Gold and Silver are simply attempts to take human weakness out of the picture by tying the concept of money to something that cannot be easily forged or mass produced. This works to a degree but it historically also ultimately fails to restrain us from eventually debasing and destroying the currency system.
This is the most misleading statement about the viability of metals ever. Just because someone attempts to debase the currency does not mean gold or silver has "failed" in any way. It's valued by it's metal content, not anything else. Contrary to whatever lies Armstrong will tell you, when they debased silver by 50% in Rome, the soldiers just asked for twice as much pay, and so did the merchants for their goods. Yes, a king or whoever can sometimes trick people with debasement over a short period of time, but never the long run.
Oh yea, Martin Scamstrong is once again claiming gold will go below $1000 HAHA. This time he's not even giving any real reason for it, he just claims "gold needs to crash to give it the energy to soar past $2300. Translation: he doesn't have any and wants to buy some and has deluded himself into believing he's important can move the market with propaganda. Meanwhile, govts of the world are price insensitive buyers and are buying the stuff by the ton and don't even care if the price skyrockets. They'll just print and buy more for free.