Investing in Silver and Gold Futures

in Futures

Gold Futures are a very common investment, but one that an investor should take the time and effort to understand fully before investing into any metal in particular.  There are many different precious metals, each with its own history, quantity, projections and statistics.  Each offers a different cost and different opportunity that will never be identical to investing in another precious metal.  Various government, corporate, and non-profit sites offer wide ranges of information on such investments and should be visited before one makes any decisions on what and how much to invest into precious metal futures.

Government Agencies

When dealing with metal futures, there are government agencies that regulate, investigate, and monitor corporations and businesses who offer investment opportunities.  Namely, these government agencies include: Federal Trade Commission, North American Securities, Administrators Association (NASAA), Chief United States Postal Inspector, Commodity Futures Trading Commission, Securities and Exchange Commission, Better Business Bureau, National Association of Securities Dealers, National Futures Association, National Fraud Information Center.  On one of these government sites, the Commodity Futures Trading Commission (CFTC), allows one to search for a listing of articles on precious metals, some about fraudulent scams others have fallen for, others on good investment opportunities, and some just as press releases by the CFTC.   The Federal Trade Commission also has a warning of caution and questions to ask oneself before investing into a precious metal futures, as well as other sections of business where companies and brokers have often been known to pitch a ‘get rich fast’ opportunity that is ‘a sure thing’.

CME

There are other trustworthy sites providing one with good information on futures speculation. There is an array of metal futures that one can purchase. These include: Gold futures, Silver futures,  and the new Platinum futures ETFs, such as GLD, SLV, and PPLT.  CME provides a full listings of precious metals traded.  The CME site in is also known for providing the widest range of benchmark futures and options products.  However, one must always be cautious on which metals they invest in, due to the fact that some metals are more easily affected by the economy.  Dmoz provides an open directory for commodities and futures.

Books

There are also many different books on the topic of gold futures, as well as on the history of precious metals as an investment, both in the actual metals as well as the futures.  Specific sites offer books for investing precious metals, gold futures  in particular.  The Library of Congress lists 285 books and articles on precious metals, ranging from the 1800’s to the present.

Precious metals can be a great opportunity for those who put in the time and effort checking for a good time to purchase the futures, and to do it through a well established brokerage without any fraud complaints by previous customers.

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