Buying Gold to hedge against US debt.

This has so much hype right now.

http://financialedge.investopedia.com/financial-edge/0511/U.S.-Debt-And-Precious-Metals.aspx

 

I suppose you can call the IRS and ask if you're taxes can be paid back in gold.

 

I agree there is hype, but how many people do you know who have actually purchased physical gold? When its the norm that people begin to exchange their cash reserves into gold reserves I will know that the end of the run is near but doesn't seem like we will be there for some time. I don't even see the cash for gold commercials on TV anymore.