Robert Prechter's recommendations for purchasing physical precious metals:
Gold Bars – buy standard bars and store a the safest depository possible; Two options:
-Commingled – piece of paper stating ownership
-Physical bar in vault – pay storage fees (Switzerland/Australia)
Gold coins – not collectibles; buy either:
-US Gold Eagle
-S. African Krugerand
-Australian Nuggets
-Canadian Maple Leaf
Silver coins – junk silver coins (90% silver) – up to 1964
Do NOT buy gold stocks. They are paper-based assets.
