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home / news releases / UGL - Gold: Inflation May Be Our Salvation

UGL - Gold: Inflation May Be Our Salvation

ProShares Ultra Gold
  • The effect of the stimulus on the economy and the US dollar and other currencies is bound to be inflationary.
  • We are in something similar to the 1929 crash. The difference now is that we were able to transition into a virtual economy.
  • Governments also are having to deal with the increasing wealth disparity between those who benefitted from the old system and those who did not.
  • Supply chains are broken or stressed, which when demand increases, will further increase prices.

For further details see:

Gold: Inflation May Be Our Salvation
Stock Information
Company Name: ProShares Ultra Gold
Stock Symbol: UGL
Market: NYSE
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