Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Bullboard Posts
Comment by JoeBloon Dec 12, 2012 12:43pm
378 Views
Post# 20719990

RE: Why is SBB going down?

RE: Why is SBB going down?

This is a tough one to answer since certain important facts are not made available to the public - facts such as how much shorting of stocks has been undertaken by the bullion banks and what is really going on within the LBMA.  Hopefully by now you realize that the price of gold has and continues to be suppressed by the LBMA because people in the West have enabled this supression by being content to own non-existent paper gold.  The LBMA is doing this to prop up the bond market by keeping interest rates as low as possible.  If interest rates were to double, government after government would be forced to default on their obligations.  With prices for gold suppressed, profits for the mainline producers are limited, and so are their stock prices - from which all other gold stocks such as SBB are valued by the market.  Further, the mainline producers are being shorted by the bullion banks in order to scare away as much interest in these stocks as possible - and as you can see, their plan is working reasonably well (so far).  At some point though, this scam will unravel, and when it does, it will be whopper.  As owning gold seems to be the retirement plan of choice for the Chinese, if allowed, the Chinese will eventually buy all the gold that is available in the world.     

Bullboard Posts