Has gold entered bubble territory? Or is it the only remaining hedge against the lunacy of politicians and central bankers?

In the following video, Motley Fool analyst John Reeves talks with Million Dollar Portfolio advisor David Meier about gold and its place in the portfolios of ordinary investors. Dave will provide some useful advice on how to play gold in the current environment.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.