Ways to get leveraged exposure to Gold/Silver?

C

cgtrader

Any ideas for getting 2x or 3x leveraged exposure to Gold/Silver?

I don't know of any ETF's, maybe gold miners?

Any thoughts on CDE?
 
Quote from cgtrader:

Any ideas for getting 2x or 3x leveraged exposure to Gold/Silver?

I don't know of any ETF's, maybe gold miners?

Any thoughts on CDE?
More...

Leveraged ETFS are:

DGP Gold Ultra Long 2X

DZZ Gold Ultra Short 2X

I've never traded them, so I'm unsure how precise the mathematics/correlation is to actual gold, so do some research before getting into either. As w/ most leveraged ETFs though, there is seemingly more risk to the downside.

No clue about CDE

Found these on the web too, but unsure if leveraged:

* ProShares Ultra Gold (UGL)
* ProShares UltraShort Gold (GLL)
* ProShares Ultra Silver (AGQ)
* ProShares UltraShort Silver (ZSL)
 
I would stay away from mining stocks...especially tiny cap ones. I personally view these trades as gambling. Even if gold/silver prices go up, these companies need to have and/or find gold/silver to make a profit.

You can make or lose 80% on some rumor or news.
 
You must log in or register to reply here.
Back
Top