@copper1987, very good point. i'm actually trading the spot currency market, was trying to make an ETF/ETN connection for the seekingalpha crowd. FXA or DRR like cjct suggests is probably a better idea.
@cjct, inflation is going to kill the dollar. treasuries may be king for now, but that is because traders are looking at short-term deflation rather than the undeniable amount of money supply expansion the fed is doing, as well as the growing double deficits and the rising default risk of 10 year US bonds. all of this points to a weaker dollar and difficulty for the US in securing debt, which will lead the fed to print its way out of debt. i am expecting a run on the dollar and a lot of inflation over the next few years.
Trading ERO This Week [View article]
@cjct, inflation is going to kill the dollar. treasuries may be king for now, but that is because traders are looking at short-term deflation rather than the undeniable amount of money supply expansion the fed is doing, as well as the growing double deficits and the rising default risk of 10 year US bonds. all of this points to a weaker dollar and difficulty for the US in securing debt, which will lead the fed to print its way out of debt. i am expecting a run on the dollar and a lot of inflation over the next few years.
Trading ERO This Week [View article]