Answer
Feb 24, 2025 - 03:55 PM
Futures and options contracts are generally considered among the most speculative arenas in the investment marketplace. The investor’s exposure to the market is leveraged, and the moves both up and down are greatly exaggerated. Something like 9 out of 10 investors who enter the futures/options market come away losers. For someone looking to hedge their portfolio against economic and financial risk, this is a poor substitute for owning the metal itself.