Brian in Montreal

Gold (and Gartman) Haunting Some Investors

Sorry, I forgot to add my favorite site for Gold commentary, Jon Nadler Kitco.com

Gold (and Gartman) Haunting Some Investors

When talking about AAPL before earnings one thing to do if your expecting a disappointment is to buy puts.

I would do things differently for gold. The shares seem to move faster, and the reasons to hold gold seem to be reasons not to hold the stocks.

So I have had success with DZZ, but more with HGD.to it's the double inverse of XGD.to (TSE gold stocks basket) there is an HMD.to (Mining in general) and HBD.to (bullion down) but until recently the volume was terribly light. (also for fun HOD.to oil down HED.to oil stocks down)

Then when the gold dust clears, take your profits and you still will have your gold.

Deutsche Bank First to Market with Leveraged, Inverse Gold ETNs

TARIK is right, but as 86999 pointed out the volume is also important. The Canadian BetaPro funds (also have Mining and Financials) which I often use are all different when it comes to volume some have a scary low volume like singe digit - x,000s - shares a day, less than I would want to trade, if your in for a day you might find you in for a week or at the mercy of Canadian market makers (I feel that way even on the higher volume funds some days) who I would expect to have more control than a high volume U.S. market maker. Cheers, Brian.