Look at the chart I posted prior to Niall's piece. It's done a great job of maintaining value in inflation-adjusted terms... ...NOT!
Gold and silver are going up because of evil speculation. Shrewd greedy casino capitalists who are aiming to jeopardize the purchasing power of your hard earned money and that of your granny for personal profit. You know this is comming. Got to love these cycles in government behaviour.
Ooh yes... The you would still be losing money on gold if you bought at the top of the previous peak in the 80's argument... That's a classic.