BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD 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 any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises 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, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

Bullboard Posts

Post by lullon Jan 11, 2008 12:23pm

105 Views

Post# 14188362

No End In sight ~!!!!!!!!!!!!

I don,t see the light at the end of tunnel yet the way Gold stocks are going up and every one on TV and news papers Pumping it ,,Gold has lot of momentum behind it though Gold stocks are over bought for long time now but no one wants to sell them yet and they will remain over bought for long time ,,looks like that ,,900 is key here if it jumps over 900 than stocks would be loy higher ,,,, Though Gold demand from India is very little now as PPl there are selling there scrap and not buying any thing at these prices and that could make effect on Demand of Gold as Indians are Big Buyers of Gold ,,,But now gold is in hands of speculators Every one wants piece of Shhiiiiitt at high price ,,lol Hedge Fund managers are Jumping in Gold stocks and Gold that is the Main Problem now

Bullboard Posts

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!