Deutsche Bank AG London DB Gold Double Long Exchange Traded Note (DGP)
ARCA ARCA Primary 
DGP vs. UGL: Which 2x Gold Play Costs You More Than the Leverage?
Investors looking for 2x daily exposure to gold typically land on two tickers: DB Gold Double Long ETN (NYSEARCA:DGP) and ProShares Ultra Gold (NYSEARCA:UGL).
Gold Is Hitting New Highs: One 2x ETF Is Doubling Every Move
Gold has been one of the strongest assets over the past year, and the DB Gold Double Long ETN is built to capture every bit of that move at twice the speed.
DGP: Overextended Leveraged Gold Fund
The DB Gold Double Long ETN is up over +100% year-to-date, benefiting from the parabolic rally in gold prices. However, the asset is now considered severely overbought. DGP is an Exchange-Traded Note, a debt obligation issued by Deutsche Bank, not an ETF. Investors face counterparty risk (Deutsche Bank's credit/default risk) until the ETN's maturity. DGP's 2x daily leverage reset means that in a choppy or volatile market (like the one anticipated), the effect of compounding will work against the fund, leading to "volatility decay".
Gold Dazzles: Amplify Returns With Leveraged ETFs
Gold has been on a relentless rally, topping $3,300 per ounce for the first time. Investors could make quick profits with leveraged ETFs.
Gold Rally to Continue: Leveraged ETFs to Make Profits
Gold is approaching the $2,850 level with the potential for further upside amid the rush to safe-haven demand.
5 Bullish ETF Ways to Play Gold Strength
The yellow metal hit a new all-time high of $2,521.00 per ounce driven by a weak dollar and safe-haven demand, with many analysts expecting more upside in the months ahead.
