Putting “a major amount” of your money in any one thing is economic Darwinism.
I think it’s quite possible gold may be peaking, too. Gold isn’t an investment, it’s a hedge.
Think about buying a few cash-flow positive properties. Just account for a possible slide in rents. But when/if inflation hits, it’s a good deal.
Diversify the rest and be content.
Absolutely true, and this bears repeating. The same is true of any of commodities (some are more speculative than others, but none are true investments).