The Forex Trading Blog

Keep you up to date on Forex Trading

  • META

  • Trading Solutions Free Demo!

    I was just wondering if there is a platform for trading precious metals? Something similar to a FOREX platform.

    Depends in part on what you mean when you say trading precious metals. If you are referring to buying futures contracts, yes, most brokers allow you to buy precious metals – however, these contracts are usually cash settled for convenience, so you don’t receive possession of metal when they expire.

    If you wish to take physical delivery, you need to trade something like the NYSE Liffe precious metal contracts – just be forewarned that even the mini contracts are still rather sizeable – for example gold is a 33 oz bar, so will set you back over $34,000 today. Most brokers will still try to cash settle, then next to deliver a certificate, and have to be instructed to give you physical delivery, which they don’t really want to do.

    You will be able to get ‘wholesale’ price in effect, as the futures contract allows you to cut out the middlemen like bullion dealers, etc..

    powered by Yahoo Answers

    have a question about forext investment ?
    There is a company called FutureInvestments USA out in southern Cali and they are offering a return on investment of between 4% – 7% per month .depending on the length of time. Just to give you an example, if I invest $10,000 and compound it for 1 year, i would have over $22,000. Apparently , they invest your money in the Forex, the internet, and telephone long distance. They target the latin market. The only reason it seems real is because, one of my friends has been making steady returns of $250 per month of his $5000 investment. There website is www.futureinvestmentsusa.com. Couls someone tell me if this type of investment is for real ?

    A certain way for you to lose your money. ………………

    powered by Yahoo Answers