As a gold investor I can simply tell you what Ive done. I have 1 ounce coins. I like GLD but I have a tendacy to trade anything in my account :) Hence the coins. I like ANG of all of our miners. Im actually doing an analysis of the others at the moment. Simon is right tho if tis gold you want buy physical. Miners are a different animal. Do you want majors? early stage producers? Juniors exploration co's? For the latter you need to be able to trade on the TSX venture exchange. I know you can do this with Internaxx. They are quite helpful. Just you'll need to get cash offshore, sars clearance etc. Anyone know when the silver ETN is listing? Supposed to be this month?
12 Months in gold world is log term. I wouldn't touch gold companies for that period. GLD or nothing in my books. Gold shares like HAR, GFI and ANG I play during the year for never more than a month at a time with great success. Problem is you can't predict sentiment on the gold market, which pushes risk up. Also SA gold companies can not be considered value stocks at all. They are all preparing for rigor mortus in SA over the long term.