More GAINS coming. Here’s why …

In my June 20 column and in subsequent follow-up columns, I told you in no uncertain terms that …

An imminent crash would occur in the price of gold, silver, and most commodities.

The U.S. stock markets were top-heavy and headed much lower.

The euro crisis would be the catalyst for a 2008-style selling panic in virtually all markets.

Most importantly, I gave you a number of great ways to consider playing what I saw unfolding in stocks, including …

1. The ProShares Short S&P 500 Fund (SH). Or if you wanted to be more aggressive …

2. The 300% leveraged inverse ETFs such as the ProShares UltraPro Short Dow 30 ETF (SDOW), and …

3. The ProShares UltraPro Short QQQ ETF (SQQQ) …the ProShares UltraPro Short Russell 2000 ETF (SRTY) …and the ProShares UltraPro Short S&P 500 Index Fund (SPXU).

Since then, and as I pen this column, the Dow Jones Industrial Index is down more than 7.25% …the S&P 500, down 8.75% …the Nasdaq is down 4.87% …and the Russell 2000, down 14.83%.

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via More GAINS coming. Here’s why … | Uncommon Wisdom Daily.

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