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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (24202)1/7/2005 10:05:25 PM
From: russwinter  Read Replies (1) of 110194
 
Gold futures (unlike copper which is in backwardization) have a contango built into them,
futuresource.com
which means you are effectively paying a little interest to hold them. Plus I have enough speculation in gold through my juniors, which I consider call options without the time decay. GLD will be my ultra safe money, because I truly am concerned about the future of the USD as money and currency, although I may trade it.
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