"The Fund seeks to offer investors two times leveraged exposure
to the monthly performance of the gold index plus the monthly
T-Bill Index return" so not just gold. I have this in my ROTH and
not pleased at all today. There's something weird about this ETN.
It was going up when gold was down and Treasuries were down. Should
have gotten rid of yesterday.
Posted by steve386 on 14th of Jul 2020 at 03:08 pm
Appreciate the response! Strange to me a double long gold
etn is down almost 14% today on high volume but guess I need to
read the fine print! Maybe someone needed the money! At low of day
now so we'll see what happens! Thanks!
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Does anyone know why DGP
Posted by steve386 on 14th of Jul 2020 at 02:23 pm
Does anyone know why DGP DB Double Long Gold ETN is down today vs GLD is up? Thank you!
"The Fund seeks to offer
Posted by lapri24 on 14th of Jul 2020 at 02:51 pm
"The Fund seeks to offer investors two times leveraged exposure to the monthly performance of the gold index plus the monthly T-Bill Index return" so not just gold. I have this in my ROTH and not pleased at all today. There's something weird about this ETN. It was going up when gold was down and Treasuries were down. Should have gotten rid of yesterday.
yeah IDK, an advisor I
Posted by matt on 14th of Jul 2020 at 03:00 pm
yeah IDK, an advisor I know uses GLDM for his portfolios because it has lower cost structure. He's not trying to use leveraged funds.
Appreciate the response! Strange to
Posted by steve386 on 14th of Jul 2020 at 03:08 pm
Appreciate the response! Strange to me a double long gold etn is down almost 14% today on high volume but guess I need to read the fine print! Maybe someone needed the money! At low of day now so we'll see what happens! Thanks!