Stick to 2 to 5% of assets in PMs and you got your disaster insurance. Those who bought at 2% are probably sitting at 5% or more now and could even lighten when it takes off. Positively geared property in the right locations will be the mainstay of any portfolio as long you can continue servicing the debt or pay the taxes and overheads if debt free. Selling property for Gold is silly and irresponsible.