DB Gold Double Short (AMEX:DZZ)

Big Chance,,, Bigger return

Short gold in an inflationary environment?

Short ETFs don't really track what they're supposed to long term because of overhead costs. Both this and gold itself are thumbs down.

I believe gold prices have reached an unsustainable and unwarranted level. Although inflation due to increased currency printing is a very real upside for gold, the levels of quantitative easing are not enough to erase the loss of income and wealth experienced by the majority of Americans in the housing crash.

Further, higher gold prices have led to increased production, which will drive prices down once supply overwhelms demand.

I'm looking to get out of DZZ when gold hits $800 in the next year or two if the economy rebounds.

Risk: War in the Middle East restricts oil production resulting in higher commodity prices across the board.

Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.

I have no long term faith in ETFs.

Hearing what happened with MF Global customers makes me think delivery won't happen when gold is requested under all other platforms in the future. When that happens, ETFs will be most likely be halted and become worthless.

Gold has nowhere to go but up. Massive printing in the US, Europe (ECB), UK, Japan, and Switzerland is a race to devalue currencies and gold is the anti-fiat. Politicians WON'T solve these issues because they don't have guts to tell their constituencies the truth. As it stands, gold is about the only place to hide. Long gold, short DZZ, short GLL. Long silver, short ZSL, etc.

Regular reading for Fools s/b ZeroHedge, Jim Sinclair, and King World News.

My two cents FWIW.

JFC

Going against the grain....

Gold bubble will eventually burst

Greek worries are easing

Yeah, I am just very doubtful about gold holding up when relatively more useful assets like potash and wheat (and equities) are heading up due to demand pressures...

Time to go long. Gold is done.

For a very long-term investment, shorting gold is a wonderful idea. Eventually, $1,300 per ounce will be a thing of the past - hoarding will slow and stop, and the prices will fall like they always have. Get in now while it's still possible.

Let's see... I haven't seen Mr. T offering Cash4Gold lately, and there's big ad buys from people selling gold all over the place. Meanwhile, the experts are telling everybody to avoid gold as the market's about to recover. Somehow, that means it's time to double-short gold.

Because Peter Schiff is a loser.

ETF's no research - no money

How to get burnt!

Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing

"The price of gold has changed!"

Gold seems unreasonably high at the moment, with the recovering dollar, it will slip in the short term.