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I'm looking for advice and I know no better place than here. Right now all my investments are in gold. Sounds crazy but I have my reasons at this point. You see my wife works at Oppenheimerfunds and I want to diversify at this point to a "safer" point?

They have a bond fund ticker OPPHX that I've been looking at.

http://www.oppenheimerfunds.com/commonJhtml/fund_info/profile_facts.jhtml;sessionid=UWZM4ZOIAXMR3UGLLZCCF3Q?catId=5%20%20&_requestid=5024&fundcode=280

YTD has yielded %2.18. The thing that I lack tremendously is a lack of knowledge of bonds.

Any advice, info or whatever will be greatly appreciated. Good, bad, or ugly! TIA!

It's definitely not an easy call. I agree diversifying out of gold is wise (even though I am heavily concentrated in PMs). Given the uncertainty in the economy and historically low interest rates, I would be wary of chasing yield by investing in corporate bonds with lower credit ratings or buying longer durations. Keep it short and safe, and wait it out, would be my strategy. If you need income, maybe consider the energy sector. That's my $.02.