Direxion Daily Gold Miners Bull 2X (NUGT)

[food4thought]

So true.

These fund managers should be walked out to the desert and given what they have done to investors in their products. USLV, UGAZ, JNUG, NUGT, TVIX, etc. Criminals. Allow for a decimation of holders on the way down and anchor them on the way up.

Timing of de-leveraging and delisting just prior to the potential upside run in these to restore and recoup of value to the retail investor couldn’t be a coincidence. At 3x, my unrealized P/L looks a whole lot different.

Dirty rotten bastards.