Jack o'Clubs
Experienced member
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You can buy oil ETFs listed in the US, ticker USO.
Same for gold - ticker GLD. You have other options with gold as it's possible to buy the actual commodity through a company like BullionVault.
Same for gold - ticker GLD. You have other options with gold as it's possible to buy the actual commodity through a company like BullionVault.
can you recommend a good internet trading site that lets me buy and sell shares of stocks but also of commodities?? i am fairly new to this, i am not wanting to do anything complicated like margins. also can you recommend any good books so i can learn about how to value the economy of a country and how to predict economic upturns/downturns???
personally, I use xpresstrade for my commodities, and ameritrade for my stocks. I like xpresstrades features.
interactive brokers offers stocks and commodities but it didn't look very attractive to me. I judge books by the cover apparently.
In case you are new at this, there are expensive margin requirements in order to participate in contracts of gold and crude oil. A contract is what you can consider a share but much more leveraged.
I wouldn't suggest you buy commodities, but options on commodities. They lower your risk because you don't owe money if you make a bad trade decision, and it is just as leveraged, but no margin requirements. Commodities are only good if you plan on day trading, as you should never stay in a trade over night.
If you need anymore info, PM me. Or check out my site for some strategies
interactive brokers offers stocks and commodities but it didn't look very attractive to me. I judge books by the cover apparently.
In case you are new at this, there are expensive margin requirements in order to participate in contracts of gold and crude oil. A contract is what you can consider a share but much more leveraged.
I wouldn't suggest you buy commodities, but options on commodities. They lower your risk because you don't owe money if you make a bad trade decision, and it is just as leveraged, but no margin requirements. Commodities are only good if you plan on day trading, as you should never stay in a trade over night.
If you need anymore info, PM me. Or check out my site for some strategies
lancevicker
Newbie
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There are independent oil brokers out there you can contact.
They will assist you all the way one of them is Rene Burk is address is [email protected]
They will assist you all the way one of them is Rene Burk is address is [email protected]
