Killer Commodities by Michael C. Thomsett

Killer Commodities by Michael C. Thomsett

Author:Michael C. Thomsett
Language: eng
Format: epub
Tags: Stock Market, Trading, Finance
Publisher: F+W Media, Inc.
Published: 2011-07-15T00:00:00+00:00


Figure 13. SPDR Gold Trust Shares (GLD) Chart

(Chart Courtesy of stockcharts.com)

Gold is the most actively traded of the precious metal commodities. Today, most individuals are going to rely on the ETF market as a safer, more economical, and more easily understood method for taking part in the market for gold. This is why the gold ETF was used in this side-by-side comparison. The economy of buying into a diversified basket of gold stocks simply makes more sense than trying to trade futures contracts directly. In addition, a single gold futures contract is going to be based on 100 ounces. At $1,700 per ounce, the value of one contract would be $170,000.



Download



Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.