Replies to post #463 on ETF Bull and Bear Discussion Board

[ArtieB]

IMO if you are thinking of shorting the US dollar, why don't you go long GOLD/Silver?

IMHO they would be the direct beneficiaries of a decline in the US buck if it materializes.

ESPECIALLY, if China is hoarding gold as it is reported. We're in the midst of a currency war, imo.

VC

[Phatlander]

Thanks for the reply. Putting on watch for the moment, and keeping a further eye on PM Modi's proposals. I've been theorizing about the possibility that he may initiate a gold standard to stabilize and lift the INR (Rupee), especially in regards to the BRICs buying of physical gold. Actually am holding a small amount of INR currency on deposit earning 9% annually...while lately holding value compared to the dollar.