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Strategies & Market Trends : The coming US dollar crisis

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To: gregor_us who wrote (17817)2/20/2009 2:33:01 PM
From: ItsAllCyclical  Read Replies (1) of 71475
 
Are there any currencies that you do like? How do you recommend holding those currencies if so? Do you feel the currency ETF are safe (FXC, FXA, FXE, etc)?

I have some physical gold here. I'm thinking I need to set up a Forex account so I can trade 24/7. I agree w/your general thesis, but am hoping that since most of the world's major currencies have issues that US debt may be spared the worst case scenario. I have some mining shares as well, but I've been selling my overweight positions into strength ST as there's becoming a great divergence every day between the shares and the metal. I think it's just a ST top forming vs IT. I plan on holding some mining shares thru this regardless assuming they're still cheap for 900-1000 gold.
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