I’ve dissed the ultrashort ETFs as a scam designed to separate put and call buyers from their hard-earned cash. Still, if there’s a way to beat this rigged game, perhaps we can find it — especially since my gold forecast calls for a continuation of the bear market. Our first task will be to determine how well option premiums anticipate this vehicle’s ups and downs. Meanwhile, if you’ve had any experience trading GLL, please let me know in the chat room about your experience.
