ProShares Ultra Gold (NYSEMKT:UGL)

CAPS Rating: 1 out of 5

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Player Avatar goeagles2013 (88.98) Submitted: 1/26/2012 5:09:25 PM : Underperform Start Price: $95.36 UGL Score: +70.05

This call might hurt over the next few weeks, months, or even years. But I'd rather own shares of a company that produce something of real value to society than a shiny metal. Inflation hedge aside, there are better places to put your money, and when these doomsday prophecies disappear, so will gold at 1700 an ounce. If the US does experience hyperinflation..well then I'll have much more to worry about than my CAPS rating.

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