http://www.elitetrader.com/vb/showthread.php?s=&threadid=157818&perpage=6&pagenumber=4 I happen to agree 100% with what btud is saying here. Whether I'm wrong or right is moot. What I wanna do is buy some commodity ETF's to implement this outlook... for the long haul. So far, all I've come up with is: DAG (2x) DYY (2x) UCD (2x) I've read all I can about leveraged ETF erosion over time, but it came across to me as only on the short side. Of course I could be completely mistaken... hence the post. This is for the LONG term. Comments appreciated.