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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

Comment by mikerosoft666on Oct 27, 2008 2:33pm
186 Views
Post# 15549882

RE: RE: RE: Buying More Here

RE: RE: RE: Buying More Here
I rode a V-Max once... just once...

When I got off the bike I needed a chiropractor because of the brutal torgque on each shift.  I mean,  you could always ease up on the accelerator I suppose... but then why own a V-Max ???

Your lady probably saved your life for you I suppose.  I prefer the 2002 Roadstar as it truly is as close as you can get to a Harley without the breakdowns...

Gold... Hmmm...  I dunno for sure but I see $20 as being a relatively easy target if the market starts buying Gold as a safe haven.   Do you watch BNN at all ?  You can get it online at BNN.CA although not sure if there is a real-time feed or only archived programs.  I get real-time through globeinvestor Gold...  subscription...

A gold bug today thinks he sees $650 as next level for Gold before we see $900 but he doesn't go into time frames.

Sold my overbought part today at $5.25 for profit... really am no good at timing as we hit over $5.40...  oh well...  now holding a core position...

Feb 28th, 2009...  I'm going to go with $22...  yeah - put me down for that...


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