As it is, I love having it, but it's a sort of relief to know that if the bottom falls out of the price tomorrow, it will have to fall very, very far before I will lose any "worth" with it. For me, that's a relief. I do worry about friends who have larger holdings, however.
Gold is permanent at $1K an ounce. It is just that the dollar is worth much less. I think it will go to $3K myself, but I don’t have the money to ride this train. Silver is my ticket, bought in at $12 and expect it to go to $40.