HBP Global Gold Bear+ E.T.F. (HGD.TO) Buy,…

HBP Global Gold Bear+ E.T.F. (HGD.TO)

26.32

-0.69 (2.55%)

as of Jan 17, 2025, 8:59:59 pm Market Open.

5 watching

COMMENT

Where you talk about a bear or bull ETF that is levered, they have no future. You are supposed to trade them on a day to day basis or possible a weekly basis. They are guaranteed to lose over the long term because of the way the gains are translated over night. These are a very short term tactic.

WAIT

You have to be relatively short term focused. Thinks gold has more upside in the long term but next year it will have a tough time. On the down side, if we stay below $1200, a lot of gold production gets shut in. Thinks there is a floor between $1100 and $1200. We need inflation to be the next catalyst to get gold going. It’s range bound next year and he doesn’t think you should be aggressively trading it.

DON'T BUY

Pair trade of Global Gold Bear+ ETF and Global Gold Bull+ ETF? These are double ETFs so that if gold moves $1 you will see a $2 move. He does not like using double or triple ETFs. Very simple arithmetic will show that the price of the commodity can stay flat but, as a result of how they run these ETFs, you lose money over time even though the commodity space flat.

COMMENT

Why are HGD and HDU down together. Every once in a while you do get anomalies and that may be why they are both down together.

COMMENT

In general, gold is looking very positive and the gold mining companies are looking very interesting these days. Would not short gold. You could use this as a tool to try and make a $1 on the negative side. (He didn't sound positive on this.)

TRADE

If you like gold... Getting 2 times leverage as gold price decreases. Gold is a play on the U.S dollar. Makes money if the price of gold stock goes down.

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HBP Global Gold Bear+ E.T.F. (HGD.TO) Frequently Asked Questions

What is HBP Global Gold Bear+ E.T.F. stock symbol?

HBP Global Gold Bear+ E.T.F. is a Canadian stock, trading under the symbol HGD.TO (previously HGD-T on Stockchase) on the Toronto Stock Exchange (HGD-CT). It is usually referred to as TSX:HGD or HGD.TO

Is HBP Global Gold Bear+ E.T.F. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on HGD.TO (previously HGD-T on Stockchase) on Stockchase. Read the latest expert commentary for HBP Global Gold Bear+ E.T.F..

Is HBP Global Gold Bear+ E.T.F. a good investment or a top pick?

HBP Global Gold Bear+ E.T.F. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for HBP Global Gold Bear+ E.T.F..

Why is HBP Global Gold Bear+ E.T.F. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for HBP Global Gold Bear+ E.T.F..

Is HBP Global Gold Bear+ E.T.F. worth watching?

HBP Global Gold Bear+ E.T.F. is covered by Stockchase experts and is worth watching.

What is HBP Global Gold Bear+ E.T.F. stock price?

On 2025-01-17, HBP Global Gold Bear+ E.T.F. (HGD.TO) stock closed at a price of $26.32.

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