Five Profit Bonanzas During a Dollar Decline There are at least six vehicles I think you should consider:First, this gold bullion ETF (GLD) signaled higher prices last month when it broke free from a seven-month downtrend. And last week, it paused temporarily, giving you what looks like a good entry point. Second, consider oil-related investments. Crude oil has just begun to rise, but oil stocks have surged and should continue to do so. Third, we like ETFs tied to fast-growing countries like China. This China ETF, for example, has greatly outperformed the Dow and should continue to do so. Fourth, consider targeting individual Asian stocks that have the potential to even outperform the booming Asian indexes. Tony is issuing a trading alert on his #1 and #2 favorites today, while giving his subscribers a heads up on three others. (Editor’s note: For more details, call 800-285-7264, or click here for Tony’s latest Money and Markets article. The deadline for new subscribers is 12 noon today, Eastern Time.) Fifth, if you’re looking for a nice, direct play against the dollar, investing in foreign currencies is now more accessible than ever. There are now ETFs that track foreign currencies, including the Australian dollar, British pound, Canadian dollar, euro, Mexican peso, Swedish krona and Swiss franc. Each of these vehicles gives you the potential for a profit bonanza as the dollar falls. But don’t go overboard. It’s never prudent to invest all your money in contra-dollar assets. And it’s always a good idea to keep a good chunk of your funds in the safest investments you can find, including those denominated in U.S. dollars.Good luck and God bless!Martin
