HGU.TO and $GOLD
HGU.TO is a two times leveraged BULL PLUS ETF for gold stocks. HGU should be collapsing at a torrid rate. Instead it has broken out and is attempting a BT. Will the BT hold?
Am not in any way advocating the purchase of leveraged gold stocks. They can be extremely detrimental to the health of one’e portfolio. (But darn it, they sure are fun if you can get the timing right)