Leveraged Gold ETNs

[jmdpet]

http://www.247wallst.com/2008/02/leveraged-gold.html

Deutsche Bank AG (NYSE: DB) has launched three new Exchange Traded Notes (ETN's) that will track the performance of certain index moves inside the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold (tm). What is great is that these three ETN's can be used in IRA's for long or short trading styles because of some immediate inverse in the ETN's. Investors can also make leveraged strategies based on the ETN's.

The ETN's listed by Deutsche Bank will now trade on NYSE Arca under the following ticker symbols:

DB Gold Double Short ETN (NYSE: DZZ)
DB Gold Double Long ETN (NYSE: DGP)
DB Gold Short ETN (NYSE: DGZ)

[Jim Nickerson]

Re: Leveraged Gold ETNs

http://www.247wallst.com/2008/02/leveraged-gold.html

Thanks for putting that up, sleuniss. There seems to be a bubble in the unending development of ETF's and ETN's. It's reached the point for me that it is impossible to keep up with all of them. Oh, thank heaven for seven-eleven and ETFconnect.