In this artticle in The Economic Times a review of commodity investing in 2009 and outlook for 2010 is undertaken. Their outlook for gold? Look for a bright 2010 and up your holdings. Here is an excerpt: "For retail investors, the best investment option today is gold. The reasons for investing in gold today are stronger than ever before. The four most significant factors which drive gold prices are all in favour — a weak dollar, low global interest rates, a perception of impending inflation and the current lack of confidence in the viability of other investments.

Continued Chinese demand for physical gold is also expected to keep prices firm. So while the usual advice from a portfolio diversification perspective would be to keep about 10% of your investible surplus in gold, today’s economic situation demands a more aggressive investment number — more like 15% — for portfolio stability and risk reduction."  More here: The Economic Times

If you are still holding gold ETF's, take a careful look at your documentation from your provider. You may find that you will be a lot better off holding real bullion. Come on…talk to me and get some safety…