Quote:

Convert as much of your cash as possible to gold bullion.



At the turn of the 19th century an ounce of gold was worth about $20 and a reasonably high end business suit cost about $20.
Now an ounce of gold is worth around $1000 and a reasonably high end business suit costs about $1000.

I fail to see where diversifying in precious metals would make a difference. It's about value and not investment.

The financial well-being of the entire world is in the shitter right now so if you're honestly expecting one of the (and I know this sounds like a dichotomy) strongest economies on the planet to go completely tits up, you'd be better off investing in nails, tools, agricultural equipment, guns & ammo, How-to books, and other survival related commodities.
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I'd rather be ignorant than stupid. Ignorance implies a lack of knowledge which is easily correctable through education. Stupidity implies an inability to learn. Therefore; ignorance is temporary, stupidity is forever!