buy more
Interestingly, that is the same advice for the question "So if gold goes up, what then?" Also "So, if gold hits a new record, what then?"
In this fashion, gold is a lot like Global warming. No matter what the temperature or weather does, it's because of global warming.
The real fear is this -- the day when the world wakes up, rubs their eyes, and collectively states "What do we need Gold for? It is pretty much a useless metal that isn't even all that shiny, has a supply that far outstrips the known actual needs in manufacturing, and was only popular because in ancient times, it was the easiest metal to use to make things pretty."
Maybe that will never happen. But supply and demand can be a harsh mistress, and right now the biggest demand for gold is people who want to take it and bury it in their back yards -- kind of like recycling, returning it to the ground from whence it came. When people decide it would be easier to just leave it in the ground to start with, gold will end.
The Bible of course says that will happen in the end times, when a piece of bread would buy a bag of gold.
I'll say this for Beanie Babies -- at least you could play with them.