Buying major miners or the juniors is not something I'd do if I didn't have a lot of experience. Physical is nice to hold if you have some place to store it, preferrably a home safe.
You can also buy gold on the ETF GLD. The silver ETF should be opening soon (maybe) and will be SLV.
You can also do options and warrants but again, know what you are doing.
I'll buy more PM's on the next shakeout.
I had a friend that lost his shirt buying commodities futures. Options are not as risky, but I would prefer some kind of share or actually possessing the stuff.
However it is Barclay's not StreetTRACKS that is putting the Silver ETF forward, so it will probably be called IAG (if that is not taken already) as AU is the periodic name for gold and AG is the periodic name for silver.
The run up in the silver price is based on speculation on what the ETF will do.
Some gold held by GLD: