Why don't you explain clearly here in this thread now what you have said to your friend so that he was enlightened and it might help others too, so i expect you to take your time to edit your thread again and enlighten others too.
Anyone can have their own choices when it comes to investment, if you loose money no one is going to return because you favor them, be smart in what you do.

Why would any government bust your ass if you support anything that is not against the law. Do you really think that government would bother if you are not bothering them with your actions.