Any tips on how to trade gold and / or gold options ?

Mar 22, 2008 1 Replies

Not an expert on gold but presumably thru efts e.g. gld



with some of them you can buy options ?



and if you have the belief that long term gold is only to go higher ignoring the current dips - then a long term option must be a winner ?



thanks


Beware of counterparty risk when things get tough. Plus the fact that there are likely to be few buyers if you need to sell at the same time as everybody else, so your losses will be magnified if you're forced to sell.

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