Gold instead of t bills

Discussion in 'Metal Futures' started by guy990opl, Jun 10, 2008.

  1. If I am bullish on gold at least for the long term, I would buy GLD. However I was wondering if instead of GLD I could buy GO ( comex ) on the futures market or something similar. Is GO it the same thing as buying GLD ?

    I ask because I just opened an account with Man Financial and instead of the t-bills I would like to buy gold or even silver since I am bullish for the long term of 2 years or more.

    I am just not sure what are my options when it comes to futures. Is it possible to buy gold in my future account instead of t-bills ?


    Any opinion is very welcome

    Thank You
     
  2. If you're talking about using some sort of gold instrument as margin collateral, I doubt they'd let you.
     
  3. Why not ? I placed 110k with Man Financial, I wanted to use 80 k as a collateral who cares if it is in t bills or gold ?
     
  4. Because the value of gold and gold instruments are subject to fluctuation.. including down. T-Bills are not subject to decline except during their duration if sold before maturity.... and even then only a small decline. (Even T-Bills are valued with a 5% haircut.)
     
  5. ssss

    ssss

     
  6. ssblack

    ssblack

    Is this a serious question?
     
  7. ssss

    ssss

    3. If you experienced (only in this case!) ,you can try buy debit spread with
    low margin /untill 5-10) and 100 % in the money in time of opening position

    Your respectfully


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    buy long term


    Thank You
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    Att: Moderator

    That was not included in original posting of the author ...
    Any virus ?

    autor not discussed in any posting any market direction
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    Only matter of broker's ,legal ,game theory and statistic

    Your respectfully
     
  8. Daal

    Daal

    I believe you can do this on IB. you could even use CFC common stock as collateral, there is a haircut of course