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Today's episode:
Gold Future Contracts
If one of your questions is “What is the best gold investment speculation”, then gold futures may be the choice for you.
These allow you to use leverage to speculate on gold prices. A futures contract is an agreement to buy or sell a commodity at some point in the future.
This date is known as the expiration date.
These contracts were created to allow producers (miners) to lock in prices so that they have a guaranteed price for their gold production.
On the other side, manufacturers know exactly what they’re paying for materials so they can better manage their cost of production months in advance.
Watch the video to find out if investing in gold futures is worth it, but one thing is clear - you get better odds in Vegas than gold futures trading!
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