E-Bear , Wonderful & Thoughtful post:

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"As much as I agree with this article, and as much as I respect Nick Barisheff, I don't see gold at $10,000, at least not in the sense you see it today: traded on exchanges and available through dealers. I think it's more likely that at some point governments around the world will simply confiscate gold the way FDR did in the 30's. Why? Because as confidence in fiat collapses so too will world trade, and since world trade is essential to everyone's economy, international settlement will revert to gold as it was under Bretton Woods, only this time without the dollar peg."

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However if confiscation came about as above, what would the scenario be for other Precious Metals like Silver, Platinum etc.?