I wouldn't be buying gold bullion right now, in relation to gold vs shares, the shares are undervalued. You definatly want to be in the gold shares, they are hard to get back into when they are rising, they can rise 20% in no time. Still buying gold is a good idea, it's just that it doesn't represent a bargain, it has not pulled back at all in AUD terms, whereas the gold stocks have. I'm in cto and bdg, I have alittle bit more cash to deploy and still looking for another bargain to get into.