So I'm betting that USD is going to take a shit after the election, now matter what happens. What's my best plan of action to capitalize on this.
Simple
>Short the housing market.
>>1557515
find something you like, since you can't short a currency without being long something else. gold, euro, gbp, yen, rubles, shekels.
>>1557515
https://www.fxstreet.com/rates-charts/xauusd
trump wins buy xauusd
clinton wins sell xauusd
>>1557515
http://etfdb.com/type/currency/usd-us-dollar/
Trade one of these ETFs, I'd imagine, if you're not an experienced forex trader with access to forex trading platforms.
>>1557851
Does buying or having a forex account cost anything?
>>1557914
Not sure, http://www.babypips.com is a good primer on it if you're looking to start out in forex
If you want to bet against USD in forex then you'd open positions like
long xxxUSD
short USDxxx
where xxx is like one of these examples:
long EURUSD
long GBPUSD
long AUDUSD
long NZDUSD
long something gold like XAUUSD, GLD, MGC, GC
short USDCHF
short USDCAD
short USDJPY
short USDMXN
>>1557515
I remember people were saying this shit after Obama was leading in the polls in 2008. How did betting against the US dollar or the stock market go for those morons?
>>1559356
I belive the trump situation is a little.. different.
>>1559356
This is kind of different.
Economy never recovered from 2008.
They are currently just stalling...
They will have to do either;
Increase interest rates, and as a result, people/companies wont be able to afford repayments on all their loans - they'll default, and everythign will crumble down.
or
More helicopter money! Forever! We'll see huge inflation of the USD (it gets very weak compared to other currencies).
Buying gold seems like the safest option, since it won't cuck you if you're wrong.
>>1559855
gold is going down now. today market behaved in a strange manner.
>USD UP
>BTC UP
>Metals down.
WTF is happening ?
>>1560450
Gold always goes up on a long enough time scale, doesn't it?
>>1560455
it suposed to go up. But gold can be seen as a comodity. therefore it can be affected by production(witch i think its not the case). If a big enough whale (or a pack of whales) want to drop the gold price they can do it. But that would be like a large group of bankers playing together or some scary thing.