ProShares UltraShort Gold (AMEX:GLL)

Despite the huge problems with leveraged ETF, with rates about to absolutely soar, this is all but a sure thing to significantly outperform.

Overleverage.

These are a cheap way to juice your score. With anything other than a straight downward trajectory for the commodity these guys will degrade over time due to the leverage. So as long as there's some volatility they will underperform in the very long run. If there's an up market, they will underperform very quickly in the short run.

even though I gave thumbs down to gold itself, this one is also thumbs down because all the ultrashort ETFs lose an extra 20%+ per year relative to -2X because of daily rebalancing and overhead costs.

Short gold during an inflationary era?

EU bank bailouts will cause never-seen-before printing of what used to be known as money. i'm buying the dip here.

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

UltraShort funds are for idiots and insiders only.

QE2 appears to have failed to stoke inflation like the gov't wanted, and now the government is pretty much out of maneuvers. The dollar is going to gain strength and that's going to hurt dollar-based commodities - none more than gold. But I'm worried about the political aspects of my logic.....I don't know what else the politicians or Fed can really do, but with the 2012 election rolling in they are bound to try to find something to prevent the scenario I just proposed.

Hedge Funds are bailing out faster than Speedy Gonzales and the Road Runner.

Following the rest of the fools.

Following my fellow fool's!

Gold is as a stupid high at beginning of 2011. It will come down, and take this sexy little leveraged inverse ETF to pleasure-town.

Correction in gold price.

Already messed up my CAPS score some 2000 points by shorting gold miners... heck - why not some more?

Gold is overpriced as it was in the late 1970's. Eventually it will stabilize at a lower point. This ETF is doing a great job of being opposite the miners. Patience will make this a big winner. For added incentive, note that CAPS thinks this one is a loser. Buy low. . .

bubblicious

Gold will keep rising

yo