I am really tempted to buy physical gold right now. I'm only in the market for Eagles and am willing to pay the markup for it because its extremely easy to sell with a large pool of interested buyers of government gold.
The cheapest $50 Gold Eagles are going for $1326 an ounce. Last week the cheapest was $1370. In the last four weeks the cheapest was $1305 an ounce. These are the "ask" prices. The bid price (spot) is currently $1280. I was looking at maybe buying ~$4,000 and hoping to sell at $4,500, a move of $166 an ounce. That is not unreasonable, considering we are about $100 off the 52 week high.
Also, I think turmoil around the election might cause a spike in gold (it already has gone up), I just don't know by how much. Hopefully things settle down, so I would probably sell into the spike. If there is some sort of crises over either's legal problems, it could keep the markets roiled and inflate the price of gold higher than it is now.
What has been holding me back is the Fed's possible action in December. They have been gunning for a hike but now seem to be backing off. A hike or even more talk of a hike would cause gold to drop. Political turmoil might continue the pause in rates, which is good for metals.