I had not seen this video until your citation prompted me to do so.  I also found it to be humorous as well as educational in terms of the thought process of an average investor. Obviously, it's central message is pro-gold, and I suspect it strikes home with many "middle-class" working stiffs. I have a friend who lives in Las Vegas who lamented recently how much damage the "great recession" has done to his total net worth - basically his home value + 401k. No doubt, in hindsight he wishes he'd cashed it all in for gold in 2005 when Au was just breaking above US$400. However, if all of us had perfect handsight, there wouldn't be enough ocean-front real estate for all our mansions.

The video doesn't suggest how one should invest in gold. As you've pointed out so often in your posts: there are many ways to invest in gold (bullion, ETFs, gold mining equities, etc). For a serious investor wishing to insulate themselves from hyperinflation, deflation, etc, I suspect gold bullion may be the most straightforward option.  But for ordinary individuals without guidance, the simple advice to "buy gold" can be a dangerous trap. Ordinary folks are mailing in their gold jewelry for less than half-value on a $/oz Au basis, and buying small quantities of gold at a premium. On a recent commercial flight, I sat beside a retired gentleman of apparent means who opined that he intended to buy gold by visiting a local coin dealer (whom, of course had provided "guidance" to this man) to purchasing coins - American Eagles, Australian Kangaroos, Canadian Maple Leafs, Kruggerands, etc.  I advised him that his approach was fine if his intent was purely based on numismatic value, but if his objective was really to use gold as a hedge against the vicissitudes of the marketplace, he'd be better-served by visiting an investment advisor with precious metal investment expertise.

While gold certainly appears to be an attractive investment based on its performance over the past few years, the same can be said for silver, rare earths, and coffee beans. The adage "buy low-sell high" still applies to everything, and gold's historical prices show there's also a downside.