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
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