No you don't, Dow flat since March 23 but this has lost 15%. These funds DO NOT track the way they should. I've been looking at the 3x bear and bull in gold as gold has went from 1900 to below 1200 and yet both 3X bear and bull sits at multi-year lows, so how is hat possible. To me they all are designed to go to zero regardless
Not buying I used that last run up to get out flat and will not trade these ETF's as they do not reflect the price of gold. Explain to me how gold has went from 1900 to 1180 and ounce and yet both 3x bull and 3x bear are sitting at multi year lows.
agreed gold down +28 dollars and this is at multi year lows, and the same goes for the gold bull 3x etf. All they are designed to do is take your money as they spiral down regardless of the movement of gold. Do yourself a favor and buy the actual metal if you must.