The case for buying DYY (A leveraged ETF)
I know that you guys hate leveraged ETFs, but in this case a commodity ETF is much different.
Usually commodities move in the same direction for a sustained period, unlike stocks.
Therefore the expected returns on this ETF should be exponential (if the bet is correct). Just look at DEE, its performance is very good eventhough it is a leveraged ETF.
DYY should dublicate that on the upside if we assume that price movement is similair.