Creative thinking. How to short the dollar.

Discussion in 'Trading' started by Nofear777, Nov 24, 2008.

  1. Lets think of ways we can short the dollar, but lets also keep in mind that there are plenty of other crappy cuurencies out there which will counteract the weakness in the dollar.

    Gold... I guess thats one way.

    Realestate.. too many forces counteracting this buy.. but maybe the time is close.

    Your ideas ?
     
  2. commodity fund...
    wins if there is infastructure projects
    wins if dollar weakens
    wins if mkt goes up

    loses if dollar strenthens coupled with continued mkt downturn
     
  3. if you want to short the dollar:

    short treasuries, bonds, notes.

    if you want to hedge:

    long gold, other commodities... euro, yuan, yen, if you need paper.
     
  4. CET

    CET

    I believe you can get short the USD via the UDN ETF. The profile of this ETF from Yahoo is:

    The investment seeks to track the price and yield performance, before fees and expenses, of the Deutsche Bank Short US Dollar Futures index. The index is comprised solely of short futures contracts. The futures contract is designed to replicate the performance of being short the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.

    You can also get long the USD via the UUP ETF.
     
  5. commodities are a 2 edged sword. They could stay at low levels even with a weak dollar if the economy is bad enough.