The major reason for an interest in gold these days, is among awareness. The fascinating thing about human nature is that pain triggers us to act and investigate.

The existing discomfort is increasing costs of gas, food, electrical energy, oil, and anything that relates to a high oil rate, which is virtually every item on store shelves today considering that modern logistics networks are heavily reliant on trucking which is influenced by the oil rate.

So, observing this pain every day at the pump and the grocery store, while at the same time viewing portfolio values plunge, the common person is just browsing for some relief, and a safe harbor from the storm that is raging through the existing economy.
All through history, in times of financial difficulty, humans beings have gravitated to gold and silver. The main factor for this is that it is extremely difficult to control gold and silver, while it is extremely simple to control paper currency and electronic markets. Because of this, gold and silver are shunned by Wall Street and Government alike, since it can not be quickly controlled.
What I would say is, don't buy into the propaganda. You are extremely above average today, as you are actively informing yourself on how to secure yourself under present conditions. Continue to doing this, and you will discover the structures of why gold and silver is one of the best, and just, locations to secure wealth in today's economic environment.
Isn't gold highly over-valued today?
When you hear some talking head from the major stream media state something like this, remember that for the most part their paychecks and their rewards are typically originating from being good friends with Wall Street. If you have not figured it out yet, Wall Street is not thinking about making you rich, they want making themselves rich. These are also the same people who ridiculed anybody who stated we were heading for a bearish market. So take anything you hear there with a grain of salt.
Anyone who informs you gold is misestimated, and is not speaking specifically from a short term trading perspective, does not know exactly what they are discussing.
Gold, when adjusted for inflation making use of the governments own figures would need to be in excess of $2358 per ounce to satisfy the last high in 1980, so when you hear "gold is higher than it ever has been"-- maybe thats real in small terms, however in genuine value or buying power it does in reality need to go much greater to be an all time high.
Some like to make the argument that gold has no return. In reality, gold when measured in dollars has had some of the best returns of any possession class over the last 10 years:
Maybe much more telling is taking a look at golds value when determined against the DOW throughout the very same duration. Taking a look at the figures, you'll see see the value of the DOW dropping precipitously when valued in gold.
Gold has in reality carried out very well, with a typical gain over the last 5 years of 17.7 %, with some years showing gains of over 30 % year over year in USD.
The question we must now ask is, where does it go, and how do we know when to sell?

All through history, in times of financial difficulty, humans beings have gravitated to gold and silver. The main factor for this is that it is really hard to control gold and silver, while it is very simple to manipulate paper currency and electronic markets. Due to the fact that of this, gold and silver are rejected by Wall Street and Government alike, because it can not be easily regulated.

Continue to do so, and you will certainly find the structures of why gold and silver is one of the best, and just, places to secure wealth in today's economic environment.