Hoov,
This is along the lines of the Chinese and Indians. I have a good friend whose dad is a top executive of a very large company here in Cincinnati. His father has purchased a very large safe and is currently filling it with gold and platinum bars. If he is thinking that way then I am sure many others of wealth are as well. And as Sam Walton once said "It was paper when I started, and it is paper now." after Black Monday Market Crash in 1987. Gold is money in its purest form and I am thinking many conservative people will want 5-10% of their holdings in physical gold going forward.