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 asdfbcon Dec 01, 2009 12:31pm

135 Views

Post# 16540620

RE: Gold breaks $1200...

NOTHING ever goes up that much that fast forever...........and without falling fast and hard as well...

While i'm happy for those who have made money on this speculative run, you'd have to be stupid to not take some profits off the table. And if one decides to hold on for more gains, and risk losing it all as it will inevitably come down hard......i' won't be sorry for them either.

back up the truck at these levels...........

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