The Powershares downside dollar ETF (UDN) looks a lot better than either TIP or WIP when I throw them up in comparison to GLD.
It is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
That would seem to be a good way to avoid the effects of government fiddling with the CPI.
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The Powershares downside dollar ETF (UDN) looks a lot better than either TIP or WIP when I throw them up in comparison to GLD.
May 20 18:07 pm
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All Comments by David Lentz »Inflation Protection Ideas [View article]
It is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
That would seem to be a good way to avoid the effects of government fiddling with the CPI.