Get Physical
Of course the miners give you leverage and will outperform, but for all those I see constantly complaining about and swearing off mining stocks, you can’t go wrong getting physical. You don’t want to be left behind by increasing levels of inflation and you don’t want a lot of money in banks or money market funds when the govt. gets around to taxing and or seizing some or all of it. So, to protect your purchasing power and hard earned wealth you should have the bulk of it in physical gold and silver. My favorite way(as I have written about previously) is with CEF and PSLV. Even after the nice two up days on Thursday and Friday, they are still trading at good discounts to NAV. CEF over 3.60% and PSLV over 2.25%.
Agree, CM. I have the REAL physical in gold and silver as well as PSLV.