This is the proverbial question for which there is no simple answer. Much depends on a prospective investor’s risk tolerance, investment horizon and personal financial situation. However, given the current economic malaise, investors have been holding much cash on the sidelines. Often times, when market capitulation occurs and both retail and institutional investors throw in [...]
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Gold ETN GOE up 421% in 1 Month – What Gives?
There’s no doubt that Gold’s been hot, to the tune of 16% up in the past month. However, even the most ambitious leveraged ETF can deliver a 2X return on gold prices via (UGL). In order to obtain a 421% return on GOE during this timeframe on an ETF/ETN, you’d be talking a leverage factor [...]