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Mark Hines » Comments » GLD

  • Betting Against the U.S. Dollar [View article]
    EMvet-
    I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
    Nov 12 07:53 am |Rating: 0 0 |Link to Comment
  • Betting Against the U.S. Dollar [View article]
    EMvet-
    I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
    Nov 12 07:53 am |Rating: 0 0 |Link to Comment
  • Betting Against the U.S. Dollar [View article]
    EMvet-
    I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
    Nov 12 07:53 am |Rating: 0 0 |Link to Comment
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