Re: Three new iPath ETNs for currency plays
Aussie stocks might or might not be a good idea, but if you wwant to get in on a run of the AUD you are probably a little late.
In inflationary times and times when the USD is dropping, commodity producers and tangible asset owners are good spots to be. It won't matter what currency they do business in, so you don't have to outguess the currency markets to do well.
"Neither my companion or I carry firearms on our persons. We depend on the goodwill of our fellow man and the forbearance of reptiles."
- English Bob