Yeah me too Simple. I'd try it for a while but I don't much like the thought of being put in a corner like they've tried to do lately with the last hedging rule. More effort it seems to keep the playing field as un-level as possible so the big boys and girls can make the markets what they wish. I for one think there are enough warnings out there about 4X leverage risk already and it didn't take me but a very little while to realize how quick money can come and go first hand without anyone holding my hand.
Might be a good trade though if USA traders are sending money to UK and exiting USD as base currency then long GU? lol.
"remember the mayonaise jar...keep cool but don't freeze"