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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

Post by Easy2Mineon Nov 26, 2012 12:09pm
162 Views
Post# 20644063

$2200 /oz Blow Off TOP early 2013

$2200 /oz Blow Off TOP early 2013

 

Gold has consolidatedl (2011-2012)  and  has started another up leg that is likely lead to new highs. if there was ever a time to be paying attentiom it is now. 80% of the Money one will make comes as Blow off Tops occur. The Fun in Gold hasn;t even started Folks !

I  would not be surprised to see prices reach $2,200/oz in Jan 2013 as the US Drives over the Cliff

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