Thursday, March 4, 2010

Euro Funds


For those of you that would like to trade on the Euro there are many funds, but we would pay special attention to EUO (ARCA). This is the Proshares Ultrashort Euro Fund. Germany was in the news they might buy some Greek bonds up, raising the Euro. Long term Euro disbelievers think it will be the “first currency to go”.

I believe there will be a one-world currency within my lifetime. I am 59.

Who knows if I’m right, or what it would be.

Right now, the Euro is worth watching.