Seeking Alpha

PowerShares DB Gold Double Long ETN (DGP)

  • Feb. 1, 2013, 5:58 PM
    Global gold production has reached record highs in recent years, but NBF analysts predict a "production cliff" - too few large deposits discovered to sustain current production rates - ahead in which senior gold miners will begin to undergo a sharp production decline. In such an environment, M&A involving projects with low capital intensity, favorable logistics and strong returns should be a key driver.
    | Feb. 1, 2013, 5:58 PM | 8 Comments
  • Jul. 11, 2011, 8:40 AM
    Stillwater Mining (SWC) agrees to buy Peregrine Metals (PTTDF.PK) for $487.1M in cash and stock. The transaction gives Stillwater access to the undeveloped Altar open mine in Argentina, which has 7.4B pounds of indicated copper resources and 1.5M ounces of indicated gold.
    | Jul. 11, 2011, 8:40 AM | 6 Comments
DGP vs. ETF Alternatives
DGP Description
The PowerShares DB Gold ETNs provide investors with a cost-effective and convenient way to take a short or leveraged view on the performance of gold. All of the PowerShares DB Gold ETNs are based on a total return version of the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold™.
See more details on sponsor's website
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub