BetaPro Silver -2x Daily Bear ETF T.HZD

Metals & Mining Silver

HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the inverse opposite of the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZD is denominated in Canadian dollars. Any US dollar gains or losses as a result of the ETFs investment will be hedged back to the Canadian dollar to the best of its ability. The Fund If HZD is successful in meeting its investment objective, its net asset value should gain approximately two times as much on a given day, on a percentage basis, as its Underlying Index declines on that given day. Conversely, HZDs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index rises on that given day.

TSX:HZD - Post by User

BetaPro Silver -2x Daily Bear ETF

Bullboard Posts

Post by ETFguyon Jul 14, 2011 9:59am

344 Views

Post# 18830425

Re:Silver Capitulation Coming

I don't agree with that prognosis.
Silver might pull back to $37-$38, than just cont. up. to +40. Any dip is buy here.
Correction is over for P.M.
QE2 drove prices up, QE3, and who knows how many more QE? ahead will just drive prices further.
Just another amateur opinion, DYODD and good luck guys!
ETFguy!

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