My main point is that a fractional reserve banking system has always ended in massive hyperinflation. A gold and silver backed currency would stem the tide of inflation while giving the consumer and producer confidence in a sound currency.

But that's not what you said. You specifically wrote about silver and gold coins, which is going back to the middle ages.

It is true that there is a oligopoly (not monopoly) in the precious metals mining and supply, just as there is with diamonds and oil and just about every other commodity these days though there is only so much gold and silver to go around since only so much has been mined and only so much can be mined annually thereby it is a rare commodity in an of itself.

But you don't know the full reserves and more is being discovered every decade.

When the currencies of the world crash, are you going to be holding onto debt backed currencies or something tangible that has value due to it's scarcity? I'll stick with precious metals and land as has been done throughout the ages to preserve one's wealth.

You are assuming that the financial system as we know it ceases to exist, which is not a serious contribution to any discussion.

Land is good, metals are not. Land can be bought cheap these days, whereas gold and silver seems to be in a bubble. Unless the financial system ceases to exist, your expensively bought gold can become cheap gold in mere days.