The price of gold is so ridiculously inflated right now that it's insane to invest in it. For people back in 2000, it was a great idea, but now the price is high. The most basic rule of investing is buy low, sell high. It sounds like a stupid catch phrase, but even people like Warren Buffet have said that it's true.

You might be able to make a little bit of money, but unless the global economy collapses entirely, I doubt we'll see another major increase. Gold actually has gone down in value before, so it could easily happen again again.