Gold in value terms versus US$ or the Euro.
The Euro issues are just being kicked down the road, the US$ will slowly devalue, unless there is some horrible war somewhere.
It seems even riper for a POG jump to US$2000. There is less bull**** in the value of Gold than the Euro or the US$, no more so than now.
Anyway I hold GOLD and it has done well. If our AU$ ever suffers it will do even better, so it is wise to have some at least.