The Wild Ride of a Leveraged Gold ETF

Big move #1: June 26: $45.50 July 1: $61.80 July 8 $47.70

Big move#2: July 18 $58.70 July 23 $85.60 Aug. 6 $51.40

Big move #3: Aug. 7 $50.80 Aug. 15 $98.50 Sept. 12 $54.08

Big move #4: Sept. 16 $54.53 Sept. 18 $73.37 Sept. 23 $50.90

Big move# 5: Oct. 16 $39.72 Oct. 28 $57.37 Nov. 1 $42.41

To illustrate just how gut-wrenching DUST, NUGT and related fare can be, we combined moves two and three into one chart, assuming a purchase of NUGT on July 17. Looks like fun, doesn’t it?