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I've held GSG for a year or so and wondered why it wasn't gaining while gold, oil, and everything else was going up. Is there any way to invest in oil using a

I've held GSG for a year or so and wondered why it wasn't gaining while gold, oil, and everything else was going up. Is there any way to invest in oil using a standard brokerage account? Doesn't seem like it.

piguy314 16y ago
Precious metal ETFs seem to track spot much better due to, as has been said, the cheap cost of storing gold/silver. Plus the stated goal of a precious metal ETF is to buy and hold precious metals as a hedge against inflation, their aim is to make each share worth exactly 1 ounce of whatever metal they are buying, so there is no contract turnover on futures. I know Peter Schiff, who some people say is a scam artist, prefers to buy physical gold, gold ETFs, and mining companies. Probably the only way to buy and hold and invest in oil is to buy oil company stocks.