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
If you're talking about using some sort of gold instrument as margin collateral, I doubt they'd let you.
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 ?
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.)
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 ############# ############### buy long term Thank You ############### ################ Att: Moderator That was not included in original posting of the author ... Any virus ? autor not discussed in any posting any market direction #################################### Only matter of broker's ,legal ,game theory and statistic Your respectfully
I believe you can do this on IB. you could even use CFC common stock as collateral, there is a haircut of course