Posted on: 29-10-07 08:18:06
I have seen gold prices leap by $110.00 in last 3/4 weeks.
The stupid shiny thing is likely to jump even further.
So
How do we invest in it? What is the best, least expensive, least cumbersome, safe way to buy and sell gold quickly?
Please advise.
Oh By the way I did use bak of scotia and am not too impressed.
Quote:
Originally posted by Gapodi
I have seen gold prices leap by $110.00 in last 3/4 weeks.
The stupid shiny thing is likely to jump even further. So,
How do we invest in it? What is the best, least expensive, least cumbersome, safe way to buy and sell gold quickly?
Please advise.
__________________________________________________________
Here is a link to a location that will tell you what it is all about.
It is at the NEW YORK MERCANTILE EXCHANGE. {NYMEX}
http://www.nymex.com/index.aspx
The symbol for gold is GC.
Click on I agree radio button (The round dot where you click YES)
The data and the screens you see are delayed by 15-30 minutes.
There is a chart that will tell you where it was and where it is now.
MARGINS:On the right hand side there is a box that will tell you
what is the minimum amount required to trade throuogh a broker
as a Non-Member. It is a lot lesser for registered, clearing members.
You control 100 troy ounces of Gold with ONE contract. (Reqd.$3500)
If the price moves $0.10 or ten cents,, then, you make $10.00.
You don't take possession, you only control. You buy and sell in one
mouse click.
YOU TRADE FUTURES here.
__________________________________________________________
WHAT EVER YOU DO, DO IT BY LEARNING IT THE RIGHT WAY.
If you want to trade OPTIONS, then, go here:
If you want to trade options in a similar way, run to the OPTIONETICS
seminar that is currently being provided to you free in Toronto & the GTA locations and get a free software CD and play with it. It is free. So, GO for it.
I urge you to go for it.
Good Luck.
Freddie.
"TODAY IS THE FIRST DAY OF THE REST OF YOUR LIFE"
by Rob Van Zeijst.
__________________________________________________________
Quote:
Originally posted by ftfl
Quote:
Originally posted by Gapodi
I have seen gold prices leap by $110.00 in last 3/4 weeks.
The stupid shiny thing is likely to jump even further. So,
How do we invest in it? What is the best, least expensive, least cumbersome, safe way to buy and sell gold quickly?
Please advise.
__________________________________________________________
Here is a link to a location that will tell you what it is all about.
It is at the NEW YORK MERCANTILE EXCHANGE. {NYMEX}
http://www.nymex.com/index.aspx
The symbol for gold is GC.
Click on I agree radio button (The round dot where you click YES)
The data and the screens you see are delayed by 15-30 minutes.
There is a chart that will tell you where it was and where it is now.
MARGINS:On the right hand side there is a box that will tell you
what is the minimum amount required to trade throuogh a broker
as a Non-Member. It is a lot lesser for registered, clearing members.
You control 100 troy ounces of Gold with ONE contract. (Reqd.$3500)
If the price moves $0.10 or ten cents,, then, you make $10.00.
You don't take possession, you only control. You buy and sell in one
mouse click.
YOU TRADE FUTURES here.
__________________________________________________________
WHAT EVER YOU DO, DO IT BY LEARNING IT THE RIGHT WAY.
If you want to trade OPTIONS, then, go here:
If you want to trade options in a similar way, run to the OPTIONETICS
seminar that is currently being provided to you free in Toronto & the GTA locations and get a free software CD and play with it. It is free. So, GO for it.
I urge you to go for it.
Good Luck.
Freddie.
"TODAY IS THE FIRST DAY OF THE REST OF YOUR LIFE"
by Rob Van Zeijst.
__________________________________________________________
Thanks. Pretty good link.
I have made some enquiries with scotia meanwhile and apparently buying certificates than gold itself seems to be a bit better.
Any other comments?
If Profit is the motive and making money is the criteria, then why go and buy a Gold Certificate?. In this trading you 'make money when the market goes up' and 'make some more when it goes down' What will a certificate do for you?
In Options, you use a great leverage and watch and bail out when it is time. How do you know when it is time??
You have to learn the same. So, take a step towards the goal. If you don't take the first step, then you are not making a move.
Nothing comes easy, if it does, then, we all will be gaining without doing anything. Is it possible? NO.
So, get off the seat, and get going. Learn some thing and then improve upon it.
After learning, you get to know what is calculated risk.
You will know the Risk reward factor.
It will train you to make money consistantly.
It will show you how you limit your losses.
There is much more to it and I can keep on going. But YOU are the person who has to TAKE the FIRST step. Then you know how to do it all by yourself. In this country, if some one can hold your hands and walk with you, then it is great.
This internet website is there to guide you and walk with you and take you to where you want to go.
This is todays' media. This is the route to take and "THE" way to go. So, make it your friend.
SUCCESS COMES TO THOSE WHO PERSEVERE.
Freddie.
(Did I use TEN dollar words for which you need a dictionery?)
I was just thinking abt Gold investment myself. I bought a gold ETF called GLD. I am also planing to buy some canadian maple leaf gold coins (i think that is wht it is called). Buying Gold futures is a good option but I am not familiar with futures and hence i am plannig to stick with ETF & physical meta.
Cheers
rsk
Quote:
Originally posted by Gapodi
I have seen gold prices leap by $110.00 in last 3/4 weeks.
The stupid shiny thing is likely to jump even further.
So
How do we invest in it? What is the best, least expensive, least cumbersome, safe way to buy and sell gold quickly?
Please advise.
Quote:
Originally posted by rsk12
I was just thinking abt Gold investment myself. I bought a gold ETF called GLD. I am also planing to buy some canadian maple leaf gold coins (i think that is wht it is called). Buying Gold futures is a good option but I am not familiar with futures and hence i am plannig to stick with ETF & physical meta.
Cheers
rsk
Quote:
Originally posted by Gapodi
I have seen gold prices leap by $110.00 in last 3/4 weeks.
The stupid shiny thing is likely to jump even further.
So
How do we invest in it? What is the best, least expensive, least cumbersome, safe way to buy and sell gold quickly?
Please advise.
me too
