Tired of Gold Juniors Lagging?

Double up with DGP. Volume was lousy on first day of trading. But I suspect that will increase once the word gets out.

Three new ETN's started trading today. Now if they would only announce a Double Long Silver ETN that would be the sh&*(.

DB Gold Double Short (DZZ): Offers exposure to two times the monthly inverse performance of the index, plus a monthly T-Bill index return.

DB Gold Double Long (DGP): Offers two times the monthly performance of the index, plus a monthly T-Bill index reutrn.

DB Gold Short (DGZ): Offers the monthly inverse performance of the gold index, plus a monthly T-Bill index return.

Thanks, duckncover!

Duck-N-Cover,

Thanks for the post about these new ETN's. Sounds intriguing! But when I went to google it.

All I came up with. Was a stock quote, and the Ethiopian Television Network!

Please share a site where one can examine these NEW "ETN" specimens.

Mucho Gracias from the Grassburner!


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P.S. The Ethiopian Television Network. Who knew that existed.

What do you call an Ethiopian taking a sh*t? --- A show-off!

I will stop there. And not bore you to death. With all those bad Ethiopian jokes from 20 years ago.

Just input the symbol into Yahoo Finance

http://biz.yahoo.com/seekingalpha/080228/66554_id.html?.v=1

http://www.marketwatch.com/news/story/new-deutsche-bank-etns-provide/story.aspx?guid=%7B74B66BFC-9A33-4AAA-B312-DE02DDA71842%7D

Don't forget you pay a management fee (0.75%) to own these bad boys. Furthermore these securities try to approximate the monthly return (or inverse return) of the gold futures. I was reading today that UNG the natural gas ETN has underperformed its underlying futures contract. But if you don't like to trade futures then this would probably be a pretty good tool for leveraging the price of gold.

Silverman & Duck-N-Cover:

Thanks for the info! Very helpful.

"That's the ticket!" --- John Lovitz (Saturday Night Live)

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=DGP&sid=0&o_symb=DGP&freq=1&time=4

Volume Improving