And the answer is yes!!
Most of the Member on this forum know about the incredible increasing of the Gold Spot Price as HEDGE Position because of actually Crude Oil Price and Situation in Nigeria and Irak as also the still ongoing economic problems (Subprime, etc.) in the US following by weaken USD against EURO as also YEN.
Stock Broker and Friend of mine bought on 17th of December a Long (Bull) Position (Leverage Certificate) with 42 x Leverage at 2,00 EURO/Position, 20.000 Position in total, Investment 40,000 EURO
At today he sold the Position at 9,00 EURO/Position and made a Profit of 7,00 EURO/Position x 20,000 Positions in total = 140.000 EUROS Profit in only 17 days of trading time, not included fee payment of Trade Bank and Exchange Board.
Of course Stock Broker is professional and since 1980 in the Business but only his Fee Payment was 5% based on the Profit.
Hope you enjoyed reading this sucessfull story and this is the Copy of the Weblink to prove my information:
http://www.ariva.de/chart/index.m?ind_volume=ON&boerse_id=47&secu=100587061&zeitraum=4&go=upper&save_presets=0&zoom.x=0&zeitvon=0
(Sorry only in German Lenguagee available)
Greetings
TW