Loading ...Leverage gold or silver with crypto
For those of you that want some leverage regarding Gold and Silver prices consider gains.trade
Can go up 200x long gold if you want.
Great way to get some exposure without an options expiration point.
Crypto is the future….
UGL and AGQ are out there too.
those are just 2x leverage with futures that decay.
200X Gold ?
Yikes
I use it as a call option that doesn’t expire and has no slippage. The flipside is you can get liquidated. But if you want to go to the casino with a few hundred bucks you can control 10s of thousands of dollars worth of gold ounces. I wouldn’t do silver personally as that is much for volatile.
My bet is they will all just disappear “quietly into the night”(poof) with your fortune, and you’ll end up with what you deserve for playing their game. IMO best to buy the phyz….in hand…. and then if you want to play the game, buy the actual shares of the actual companies/producers who are putting out the effort and proving it with the goods…FWIW! www