DGP
Now that UGLD is off the board…some are playing DGP an alternative 2XGLD etf
How does one explain this ?
DGP down 10% with GLD flat
note DGP is run by Deutsche Bank
FRAUD ?
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PRE EXISTING T CELL IMMUNITY
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POSTING INFORMATION
Spock (or was it plunger?) warned us about all these ETN’s. There seems to always comes a time when there is a “dislocation” between the ETN and the underlying assets. Happened recently with JNUG/JDST and NUGT/DUST.
I remember having a 3x oil etn. Oil went up 10% in one day — I thought I was rich! But the ETN (delisted a while ago) only went up 10%, too.
I am still in JNUG/NUGT, though.
UGL is another option.
And yeah, stay clear of ETNs.
ps – word is that TVIX will be back, but as ETF not ETN.
Of course it’s fraud – it’s Deutsche Bank!
Sb…you spelled douche wrong.