Hoosier's note: Gold yields no income. And, that's why, I think, it is a good insurance only for those Uber-Rich.
I have NEVER invested in a big way in Gold. I only have one Gold Bangle in my possession, and I only wear it once a year during the Chinese New Year holidays for about, maybe, 5 days.
I would rather invest in a good and safe dividend stock like QAF.