Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Braden09]

I have chased this commodity all year and still its makes no sense. I firmly believe this is typically manipulated by the hedge funds /Banks. NG does not move on Fundamentals anymore we live in a World of Algos and blatant price fixing. High Velocity EFT's on the other-hand are a legal scam. They are designed to decay in such a fashion, that most if not all who invest in them will get caught in the Honey trap and will lose money along the way. What other product has so many R/S, designed into them so that the inexperienced investor never recovers their monies if they get caught on the wrong side of the R/S. It is no wonder there are so many complaints filed with SEC about these products.