Friday, September 12, 2014

This could be the trade of the decade

This could be the trade of the decade



Here is an very good article on why the U.S. dollar is the buy of the decade. You can enter this investment through UUP, the U.S. dollar ETF, or through UUPT, a 3x dollar long ETF.  I plan to buy UUPT this next week to maximize my profits.



The dollar is strong now for a number of reasons.  First, the Federal Reserve is planning on tightening the money supply, and this alone is good for the dollar.  Secondly, Japan is easing its money policies, and this will weaken the yen.  Thirdly, the euro is getting weaker because Europe is keeping rates very low, and there is no sign for an end to European economic problems.






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