Seems to be more like the rational reaction to the lack of confidence in the fate of the dollar which continues its decline.
Great for people who can invest in gold, not so great for those who can't. However, the silver lining is, well silver. Because when gold rises, so do the other precious metals, but the time to buy is now. 🙂
Make sure it's a certified Gold IRA however so you don't get taken advantage of conmen. There are strict rules surrounding Gold IRAs and typically your gold and silver are stored at a depository.
A couple years back, I moved about 20% of my total retirement savings into a Gold IRA. Now I'm thinking I probably should have done it at a higher percentage. But my index funds have been doing well also.