Not a fan of double ETFs. Stick with a single ETF, be it gas or oil. We have not seen the bottom. These ETFs are day trades or 2 days at the most because of the rebalancing at end of day and erosion to price.

If we get a downward trend next month it would be an interesting play.

It’s a bunch of ‘B’ assets and you continue to see that in it’s performance. Most leveraged intermediate stock to the price of gold. Fundamentally it is ok. He’s not bullish on gold. Bullish signal would be 400 tons bought by China and/or more demand.

Very well financed and he likes the chart.

They have had disappointments in a couple of their explorations. Raise lots of money in 08 and starting to spend that money in Iraq and Indonesia. Won’t know for 12 months if any of those initiatives are worthwhile. Too early to judge. He likes it. Would be along term holder.

An unhedged Canadian Gas company. He is short on the stock, but hasn’t made a lot of money because 21% investor is a big bull on this company.

Great asset/lousy stock. Glencore in Switzerland has taken control and shareholders will never see the return they anticipated.