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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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Comment by mikerosoft666on Oct 24, 2008 9:58am
218 Views
Post# 15545542

RE: Concensus of Opinion

RE: Concensus of Opinion

I have a couple of buddies who believe it is time to get your Gold out of the vault and to start and oil the barrels of your favourite guns.   Seriously...  literally...

They see Gold as the only thing left with value ( for the time being ).  They are at a loss to explain Gold at these levels...

And a couple of other friends firmly believe is on its way back to $300 and can't understand what is taking it so long hanging around at these levels.

My opinion would look a lot like Marty Feldman's eyes...

Anyone here remember Marty Feldman ?   Igor from Young Dr. Frankenshteen ?


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