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

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Comment by gsallon Oct 21, 2008 2:04pm

195 Views

Post# 15538170

RE: LOL....thanks everyone...

In the end, Sinclair and Embry et .all are probably ultimately right and well meaning.

They are zealots though,and don't ever admit they were wrong chronologically, which in my mind is no small matter. I don't give a sweet f uck if gold goes to $8000 after I'm dead.

They are lately starting to use such phrases as "in the fullnes of time" an "long held beliefs" when refering to gold prices. Not what I deem "conviction"

PMP, we need a little of you charting skills by now!

gsall

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