Mr. French is wrong about gold
Gold sells today exactly what it sold for 1 year ago, more if you include the premium you pay for a one ounce coin over spot ($59).
he is wrong about silver also, which in the spot market is selling for about 9.50, if you add the premium over spot, which is $5.00 you're coin is worth a little more then it was one year ago as well.
So gold and silver are even+, investors haven't lost a cent. Gold and silver mining companies are at steal me prices.
Cheers
BK