### Comment:
I’m optimistic the S&amp;P will decline, if the UVXY goes to $1,000 let’s say, who will buy it and why? It holds no true value. And thanks for the explanation above.

### REPLY:
UVXY doesn’t go to $1000. If you’re basing that assumption based on the “historical price” take into account that UVXY is adjusted every once in a while by its managers. Same thing applies to gold futures like DUST. Google it

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