Yes it's wise, if you live in a system like ours, to buy gold and silver as a hedge against hyperinflation (which is likely coming soon enough to justify buying some now), but from my understanding there's no way physical gold and silver can meet the needs of a global economy long term. There just isn't enough of it. If you want to peg the dollar to gold you can. It's worked before. But it's not necessary. We don't have booms and busts because our dollars aren't pegged to gold or because they aren't technically worth the money they're printed on. All that matters is that it's printed by our government (not as debt) and is legal tender for the payment of taxes and all public and private debts.
Unless someone here can explain how "Money Masters" is wrong about all that?
Paper is not inherently bad. In fact, paper currency was an important part of boasting our country's fledgling economy. Ben Franklin was important in making that happen, and helped Pennsylvania's economy grow by his counterfeit prevention innovations. But if the value of the paper is not guaranteed, it's not stable money. The fed controls the paper and prints money whenever they want, stealing from those of us who work for it.