have been carrying to the component has made me un-comfortable being on the long side of the GGGs for sometime. The +9.93 premium the GGGs are showing over the component is still a bit worrisome in view of the fact that over the past six-years the Index has gained an average of 4.73 per year from this date until the GGGs go to cash settlement.

However -

In 2017 the index DID tack on 17.62.

Good luck with the GGGs, Spike.

Best wishes,

Doc