I just noticed that the price of gold is the same as it was on the day that I bought GLL (November 9, 2010, yet the price of GLL is 28% lower than it was on that date. How is it possible that the fund declined 28% in value if the expense ratio is 0.95% ?
SO I bought 800 shares of tvix ,didn't do my dd three days later it did a ten for one reverse split. my 800shares is now 80.
Scottrade charged my account twenty bucks extra on top the seven bucks to buy in and seven to get the hell out.
lost thirty four dollars just to play.