After some research, I decided to buy into GLD, I bought in the other day. I decided that I'd rather trade it as a security rather than deal with the hassle of trading the physical product and issuing a custodian etc... Has this been good for all you? What are the disadvantages of it? GLTA!
GLD is the most conservative way to buy gold. The other ways to buy involve additional risk but higher reward potential... Mining stocks. Best to stay with the big miners. See a sock broker research page for those. NEM, AEM my holdings, FCX for gold and copper combo. Worst way to invest in gold or silver is your local coin/bullion dealer in the yellow pages. Also mall kiosks. There you pay the spread. Automatic 10% up to 20 % loss.