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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 RichyRich$on Dec 31, 2013 6:08am
180 Views
Post# 22047558

God Bless Gold in 2014 ...

God Bless Gold in 2014 ...God Bless Gold in 2014! I'm still holding bullish. Seems to have veered sideways all December. A bullish sign bottom has reached. My prediction, and a few analysts agree with this theory, is a huge spike in gold mining index in January, and then one more strong plunge. It would also align with the tax loss sell-off phenomenon. The people that sold in December start buying back in January. I'm planning to hold all of January and sell near the end of the month and hold cash for a month after that. Kind of pisses me off with all the day trading opportunities I missed in December. But I just didn't have enough time. Good luck to all in the New Year. Another bullish sign is that junior mining is going up in the past 2 weeks. Juniors usually set the pace.
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