Elements MLCX Gold ETN Currently at 1,000% Premium: Sell Now [View article]
This is extremely bizarre. I had posted on this 3 weeks ago when the ETN was up 421% vs. a few % up for gold during the same time period. Following my post and little notice even though the article was picked up by a few networks and message boards, it took several weeks before the SEC and Credit Suisse actually took some action on this. Today is the start of the downward decline it seems.
Here was the article from last month with the background and comments at the time:
Elements MLCX Gold ETN Currently at 1,000% Premium: Sell Now [View article]
Here was the article from last month with the background and comments at the time:
www.darwinsfinance.com.../