there is no message board for udn some opinions please
I have been reading alot and listening to peter, roubini, rogers and the gang, I do believe the usa dollar will collaspe based on fundamentals. How many people here are short UUP? or long UUP? if you are long UUP ? why? The only thing I can think of is, US dollar has went up because its a global downturn and people will turn to usa in a global downturn. THIS time however I believe its the emperor with out clothes and thats the USA! If UDN hits its high I am going to be a very rich man :) IF it goes higher than 30 time to buy me a new ferrari :)
Wake up. The world is in as bad if not worse shape than America. Looked at the economic data from Europe or emerging markets recently? By the way, if the dollar collapses, which you so gleefully predict, why would you want to be own an ETF in us dollars? Get into foreign stocks and funds, just like the infallible Pope Peter Schiff recommends.
Here's a sampling of some of the good news from the rest of the world: