“This is the rally you do not sell, and the reason you do not sell is you might not be able to get back in.  You have to look at the ultimate end of this game, and the ultimate end of this game is a complete and total collapse.  What you want in a collapse of fiat currency is money that cannot bankrupt.  By definition, that’s gold and silver.  When you are in a situation where debt is imploding and defaulting, you want to own what cannot default. 
In the end, it will be a game of global default…”