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

BetaPro Canadian Gold Miners 2x Daily Bull ETF

Bullboard Posts

Comment by 2cheakyon Nov 07, 2014 1:31pm

127 Views

Post# 23107485

RE:RE:RE:RE:RE:RE:RE:RE:double bottom...

wow lively on this forum i see!!
lets try and spark off some debate shall we......

so from what i can see, US outlook wasnt as rosey as first thought = bullish for gold
Interest rate hikes off the agenda until mid next year= bullish for gold
Ukraine and Russia tensions growing again = bullish for gold
expecting a run up to around 1250 ish on gold, from what i see in the past November has typically been the start of upward movement for metals

Bullboard Posts

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