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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 04, 2013 2:10am
209 Views
Post# 21967044

RE:i hate to say this

RE:i hate to say this The only way to have suppressed the price of gold this much is to have sold allocated gold (previously sold to a western investor) to the real buyers such as China, while also selling non-existent gold to western investors who never bother to confirm whether or not the bullion bank actually has any gold.  At some point the bullion banks will run out of real gold.  Some have speculated that this point is rapidly nearing.  This is what you get when you trust a bullion bank to store the gold you think you own, and that same bullion bank works with the governments to suppress the price of gold so as to keep people away from it.  When the bullion banks sell your allocated gold or when they sell you gold that doesn't exist, this artifically adds to the supply and keeps the price down.  They do this without telling anyone, and at the same time, they send you an account statement saying you still have the gold, but you cannot take delivery of it.  This is similar to Bernie Madoff's scheme.  You have tons of money, but you can't get at it.  Thats what Western investors get for trusting in their governments and banking system.   But wait until the great bail-in comes to all those who think they are smart by having tons of cash sitting in an account somewhere.  The governments will take that too - just like in Greece.  Bottom line, own something tangible.
Bullboard Posts