$42.68 0.67 (+1.60%)
11/25/2009 3:57 PM

POWERSHS DB MULTI SECT COMM (DGL)

CAPS Rating: 2 out of 5

Closed-end fund

Results 1 - 15 of 15

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Member Avatar valuemoney (99.92) Submitted: 11/22/2009 10:29:57 PM : Underperform Start Price: $41.99 DGL Score: -1.06

gold is a joke

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Member Avatar JimVanMeerten (28.57) Submitted: 11/9/2009 1:38:30 PM : Outperform Start Price: $39.55 DGL Score: +5.87


DGL the Proshares double Gold ETF is just such a technical play. Gold has been rising and this ETF gives you leverage.

Right now DGL is within .33% of its recent high and has seen 4 new highs in the last 5 days and 6 new highs in the last 20. It's had an 18.41% price appreciation in the last 65 days.

BarChart's technical analysis indicators have a buy signal on 13 out of 13 indicators for a 100% buy signal. Over on Motely Fool the CAPS rating by their readers is 105 to 10 in favor of a further price increase.

Recommendation: If you think gold will go up and the dollar will continue to weaken then DGL the Proshres double Gold ETF is a buy at 40 with a protective stop loss no higher than 37.

Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email FinancialTides@gmail.com

Disclosure: I hold no positions in DGL at the time of this publication

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Member Avatar ResearchLover (74.18) Submitted: 10/29/2009 10:00:36 AM : Underperform Start Price: $37.21 DGL Score: -9.24

Hello USD, bye bye GLD.

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Member Avatar wjwcapital (98.96) Submitted: 1/22/2009 11:22:15 AM : Outperform Start Price: $31.20 DGL Score: -1.51

Long Gold ETF

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Member Avatar rd80 (99.25) Submitted: 12/1/2008 6:10:30 PM : Outperform Start Price: $27.75 DGL Score: +32.87

Backed in to score leader and re upped.

All the economic stimulus and bailout money that's being thrown around is very likely to cause inflation. This ETF tracks the price of gold very well, charting it against GLD shows excellent correlation.

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Member Avatar davidgn09 (98.98) Submitted: 10/22/2008 7:42:57 PM : Outperform Start Price: $26.10 DGL Score: +37.27

We will see a precious metals explosion in the near future.

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Member Avatar MrDare (84.14) Submitted: 10/15/2008 9:47:51 PM : Outperform Start Price: $29.30 DGL Score: +57.37

Look at this from an economic standpoint. Forgiving debt is equivilent to printing money. Basic economic theory states that a dillution of the money supply will cause inflation. A depreciation of the dollar will erode its purchasing power. The opportunity cost of holding dollars will cause a move of capital to either, alternative currencies, commodities(gold) or any other securities. Look for an increase in fixed income investments, foreign AAA rated seured bonds( I like swiss) and somewhat safe material assests. I also like energey as a sector during recession.Does the empire built by the getty familly ring a bell. Cash is king now and those with the money to buy assests will stand to make a great some of money in the future. Those who are in denial should enroll in a few price theory econ classes.

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Member Avatar davidova (70.20) Submitted: 5/22/2008 2:06:10 PM : Outperform Start Price: $33.94 DGL Score: +43.22

s

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Member Avatar kolia (< 20) Submitted: 4/26/2008 6:07:46 AM : Underperform Start Price: $36.30 DGL Score: -28.05

Nobody actually NEEDS lots of gold for everyday life

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Member Avatar goofypicker (98.20) Submitted: 3/26/2008 12:53:59 PM : Outperform Start Price: $35.24 DGL Score: +34.75

Gold and silver are beginning to turn back aroung and go higher. Many speculators are claiming that there is a commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.

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Member Avatar marcad28 (90.25) Submitted: 3/13/2008 3:45:11 PM : Outperform Start Price: $36.86 DGL Score: +28.06

it has been an even keel on a daily basis and has done very well in the past year or so.

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Member Avatar jbellman (68.66) Submitted: 3/13/2008 3:18:05 PM : Outperform Start Price: $36.73 DGL Score: +28.31

still gotta love minerals

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Member Avatar dcalurch1 (< 20) Submitted: 1/10/2008 12:53:06 PM : Outperform Start Price: $33.46 DGL Score: +45.18

Just gold futures

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Member Avatar jannapu (< 20) Submitted: 1/2/2008 6:40:43 PM : Outperform Start Price: $32.64 DGL Score: +50.67

GOLD

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Member Avatar OldNickel (96.46) Submitted: 4/2/2007 12:12:19 AM : Outperform Start Price: $25.86 DGL Score: +82.25

Gold's price should increase due to a declining dollar. Most of the major stocks will soon go down, especially with the baby boomers starting to retire shortly, allowing the miners to beat the S&P 500.

Results 1 - 15 of 15

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