Can a forex guy out there help me? What is the best currency pair to be in if the USD collapses over the next 12 months? One that leverage can be used for unlike Yuan. JPY, SFr, .........?
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Can a forex guy out there help me? What is the best currency pair to be in if the USD collapses over the next 12 months? One that leverage can be used for unlike Yuan. JPY, SFr, .........?
The obvious ways to short the USD are against the Chf or to long the Eur. I tend to prefer the former now that the contagion of loose banks and recession has spread to the continent. The yen seems to have started its move already so you may be a bit late there... Gold or even silver are also $ plays. I've started shorting in a very minor way the USD/CHF already.
Oil seems a popular hedge against the US$?
You can get a lot of Zimbabwean dollars for your $US
http://www.boncherry.com/blog/2008/1...e-real-crisis/
somthing could be starting.... USD/CAD in the lead +45
added another little USD/CHF short earlier this evening
got a quick 97 tonite off this USD/CAD spastic gartley
Something that you can barter for one of these
Still holding 2 core positions now which average out to +130 , and sold more into the rally last night at 1.2020. By this morning the +100 target on that had been taken.
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How about you manage my account Peat :)