VelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER
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The investment seeks to replicate, net of expenses, three times the opposite (inverse) of the S&P GSCI Gold index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of gold in global markets.
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