Many Financial Ad-visors recommend 5-10% of your portfolio in
gold to diversify and have a hedge against inflation.
The reason to invest now is more a hedge against the falling dollar than inflation.
Although that could raise it's ugly head too.
I guess you could dollar cost average into Spyder GLD going in now at it's high of
$1400 an oz, but it is very volatile and can drop like a rock.
I remember back in the late 70s-early 80s it shot up quickly close
to $900 and then fell to $300 and traded in the $300- $400.
range for years.
Ya need a crystal ball.
