How to expose yourself to 20'000%+ the rise or fall of gold.
Purchase $ProShares Ultra Gold (UGL.US)$ options for a 20'000% gold exposure. I believe gold is due for a few corrections and bulls before an ultimate drop along with the stock, bond, and real estate markets. Then for the patient investor, a several year long bull market. I believe safe havens against all risks and inflation are nonexistent, but gold may be the closest. Even U.S treasuries are no longer safe in my opinion, reviewing credit ratings of all companies, there are only a handful of triple A rated companies left, and the united states government itself is no longer AAA rated. I believe gold is safer than banks, and treasuries at this point in time,only usurped by more useful commodities, and actually functional communities and economies with a strong working class.
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Patience_Coin : bullish long term, bearish short term
-Leprechaun- : i use options against this ETF and its counterpart. puts on 2x short for lower cost/risk contracts, lower volume is a downside, market closure is a downside also.