How to Buy Large Quantities of Gold
Got some money burning a hole in your pocket? from Stockhouse…
Sure, you can buy as much paper gold as you like, through the SPDR Gold Trust ETF (NYSE: GLD, Stock Forum,null,null,null), which is bullion-backed and will be sensitive to an advancing price. But what if you simply want physical metal and want it in quantity – say, a hundred ounces?
Well, you could buy 100 coins – if you could find them. Or you could buy a single 100-ounce bar.
…which you can take delivery of from your COMEX futures order. Lots of good details here on the mechanics of taking delivery of that futures contract.
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