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

Comment by gsallon Aug 22, 2008 3:07pm

69 Views

Post# 15404619

RE: too early

Aside from smalltalk, my point was clear.

As far as the newsletter "guys", Van Eden has been right on the money (no pun intended) to this day, told everyone when to sell off at an opportune time (by declaring he was selling out, except for a few stocks) and closed his stock advisory newsletter. Cant' get much more altruistic than that.

I agree that the majority of the newsletter guys are mostly pumpers but PVE is not one of them, and had I followed his comments and opinions more closely I'd be in much better shape now.

gsall

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