From Kimble Charting Solutions:
DGLD is the VelocityShares 3x Inverse Gold ETN. It's not for you.CLICK ON CHART TO ENLARGEIn 2001, Gold was trading below $300 per ounce. Since then, Gold's strong rally has stayed inside of rising channel (1) the majority of the time (see chart above)....MORE
Better you should find yourself a nice triple-levered long gold ETN, sell them both as a pairs trade and pocket the time decay that the derivatives inside these beasties will kick off.
Give up those dreams of leveraged triumph and join the Thetans.