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PowerShares DB Base Metals Long ETN (BDG)

  • Derek A. Barrett | Send Message 12 Apr 2013

    $BDG up 15% while $GLD down 5%. What's up with that? brb going to Cash for Lead store and making bank !
    Reply (1)
    • sundate36 | Send Message 13 Apr 2013
      : Very interesting. Maybe rotation to base metals (steel, copper, etc.)?
      • ETFdesk | Send Message 14 Jan 2010

        WaysToPlay: Morgan Stanley: The Super Cycle Will Push Base Metals Up Another 30% In 2010 $BDD $BDG $DBB $JJC $PTM #ETF
          BDG Description
          All of the PowerShares DB Base Metals ETNs are based on a total return version of the Deutsche Bank Liquid Commodity Index-Optimum Yield Industrial Metals™ (the "Index"), which is designed to reflect the performance of certain aluminum, copper and zinc futures contracts plus the returns from investing in 3 month United States Treasury bills.
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