How to Cash In on a Falling U.S. Dollar (UDN)
The Dollar is in trouble, pretty soon, it will take a garbage can full of U.S. Currency to buy a loaf of bread. Okay, that's a bit much, but its time to start looking at how to play the falling dollar and how to make money while we are all losing more money on a daily basis.
Via WallStNation.com - Betting against the U.S. Dollar (UDN, UUP)
The two ETFs that react to the price of the Dollar:
- PowerShares DB US Dollar Index Bearish (NYSE:UDN)
- PowerShares DB US Dollar Index Bullish (NYSE:UUP)
For the most part these two ETFs trade against each other, but daily
volatility can take your returns before you get a chance to cash them
out.You don't have to try very hard to find the press talking up how the
U.S. Dollar is going down, so instead of trying to fight it, perhaps
the best option to gain the most from the falling Dollar is to look at
the Puts on the UUP
All for the Love of Money, hold up... Que the O'Jays, let's go back to the 70's, this live performance is dope:
Read the Article click here - Betting against the U.S. Dollar (UDN, UUP)
Best of the Blogs

BlogDroid 600
Scanning and identifying the best blog entries every hour
- Gold Breaks Bearish Trendline; Key Target for Silver at $37 | Financial Sense
- Should I Buy Facebook? | Financial Sense
- Markets, Murmurations, and Machines | Financial Sense
- In The Meantime, Greece Is Under Strike Lockdown Protesting Austerity | ZeroHedge
- FIO: Trade Idea | iBankCoin.com
- Intraday Look | iBankCoin.com
- Guest Post: Illusion Of Recovery - Feelings Versus Facts | ZeroHedge
Latest Headlines

Newsbot 3000
The most relevant financial news and articles from the Internets
- FREEZING FOR FREEDOM? Photos From This Weekend's Sub-Zero Protests In Moscow | Business Insider
- CITI Expects These Companies To Report An... | Business Insider
- Notable 52-Week Highs and... | StreetInsider.com
- Why UN Gridlock On Syria Could Encourage Israel To Attack... | Business Insider
- GIANTS WIN! | Business Insider
- Here's Why No One Is Allowed To Make Fun Of Eli... | Business Insider
- Facebook, Wall Street: Friends with Benefits | BusinessWeek



Post new comment