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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: isopatch who wrote (187772)1/5/2015 8:28:21 PM
From: Sailing2  Read Replies (1) of 206084
 
The highest leverage I know of other than options is provided by the 3X levered ETN's like UWTI and UGAZ and the ETF HOU.TO. Definitely not for the faint of heart but they will provide tremendous returns if you can call the turn around accurately in oil and gas. They do not seem to suffer from the monthly declines that earlier ETF products suffered from, and therefore can be held for longer time frames. You can take a look at their one year chart to see the kind of leverage they would provide when things turn around, or look at the mirror image bear 3X ETF HOD.TO to see where a ton of money could have been made since October.
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