They’re right, gold has doubled form around US$250 a couple of years ago to higher than $500 today. Gold fans say it could double again. But it could also fall by half. Nobody really knows. And even serious gold promoters don’t advise putting ALL your assets into gold.
If you want to buy gold here, go visit your neighborhood jewelry shop. Many of them sell gold coins as well as jewelry. The good thing about gold is that the value per weight is pretty high, so you can keep a fairly large value in a safe place yourself. Keep in mind though that there are a lot of regulations about transporting gold internationally, which may make things difficult to take things with you. On the other hand, you can convert it to US dollars fairly easily at the jewelry shop.
If you don’t want to store it yourself, look into buying from goldmoney.com/ which is a reputable gold dealer who will store your gold for you.
Another option is a principal protected CD based on the value of gold from EverBank:
Because it is principal protected, you really won’t lose money, except to inflation.
Either of those two options are fine if you worry about inflation, but some people like gold to use as an asset in the case of collapse of the financial system entirely. If that’s the case, you really need standardized coins in your possession.