BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s): HZNSF

HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Canadian Gold Miners Index. If HGU is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. Conversely, HGUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGU employs leverage.

TSX:HGU - Post by User

BetaPro Canadian Gold Miners 2x Daily Bull ETF

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Post by commonsense30on May 11, 2010 5:34pm

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Post# 17086944

sovereign Debt is the new sub Prime

As long as world Governments continue to inflate their way out of debt, the average Joe six-pack will feel secure thinking all is under control. When the debtors wake up to the shit storm about to hit the western world, all he'll will break loose. I'm even skeptical holding gold traded in this format. Short term okay, long term get out the f'ing tin foil and hold physical bullion and guns!! We're in for one he'll of a revolution once mAin street realizes what wall street has done!!!

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