However should gold rally one would need to keep an close eye on the mining companies. A rising gold price will cause problems for miners with large hedge books. Rising fuel prices will cause problems for those that are not hedged. The advantage of doing this is that you remove yourself from the market volatility that is currently present. It is impossible not to place your accumulated wealth at risk.
Risk is always present.
However buying physical metal at these levels is about as close to becoming neutral as one can get. Gold has no other liability attached to it, its value is in what it is and it does not have to be watched every day to see if it's grown. Neutrality and gold go together, a fact that the Swiss now seem to have forgotten. Playing the currency and stock markets requires you to use a liability to play. Such an appearance could occur faster than the latest computer virus.