patrick.net

 
  forgot password?   register

#housing #investing #politics more»
744,239 comments in 76,446 posts by 10,962 registered users, 3 online now: APOCALYPSEFUCK_is_ADORABLE, Fucking White Male, HEY YOU

new post

What is the Real Purpose of the Gold Futures Market?

By smaulgld   Jan 8, 11:54am   406 views   4 comments   watch (0)   quote      

https://smaulgld.com/purpose-of-the-gold-futures-market/


Comments 1-4 of 4     Last »

1   marcus   688/693 = 99% civil   Jan 8, 12:01pm  ↑ like   ↓ dislike   quote    

One guys comment in 1974 from which you infer the reason gold futures exist ?

The reason is it was totally natural once owning gold was legal, to have gold futures contracts for hedging and or speculation. A contract is successful if enough people trade it to make it a liquid market (i.e. the bid offer spread can usually be maintained as small). It was successful becasue a lot of people traded them.

That guys comment is irrelevant.

2   Bellingham Bill   91/91 = 100% civil   Jan 8, 1:04pm  ↑ like   ↓ dislike   quote    

I've got some cash sitting in one of my IRAs, looks like a silver ETF might be a better place for it.

Gold has quadrupled since 2000 but silver has only tripled . . .

3   marcus   688/693 = 99% civil   Jan 8, 1:46pm  ↑ like   ↓ dislike   quote    

Might be a good idea. WE know Trump wants inflation. On the other hand some predict deflation at some point.

4   Bellingham Bill   91/91 = 100% civil   Jan 9, 6:08pm  ↑ like   ↓ dislike   quote    

marcus says

On the other hand some predict deflation at some point.

I'd LOVE deflation, since I still have to buy a #$*%# house this #$*%# decade.

picked up some SLV, hope it goes down : )

Comments 1-4 of 4     Last »

users   about   suggestions   contact  
topics   random post   best comments   comment jail  
patrick's 40 proposals  
10 reasons it's a terrible time to buy  
8 groups who lie about the housing market  
37 bogus arguments about housing  
get a free bumper sticker:

top   bottom   home