Invesco DB US Dollar Index Bullish Fund (UUP-N)

It's bullish the USD and so is he. Diversify out of Canada and certainly own USD to buy and hold.

If the market replays 2008, the USD should explode upward. If the US deflates, the western world will inflate and that will be through the USD. Long-term he is bearish USD, but is bullish short-term. This offers safety.

The US$ has been amazingly weak. It is still trending on the downside. We are at the critical support level right now. If it breaks it then the next one is quite a bit lower. You are in a trial period right now.

An ETF that would benefit from a drop in the US$? Would you buy a Call on it, and how far out would you go? This is one you could buy a Put Option on. He thinks the US$ is going to be stronger, so not a bet that he would make, but if he were doing that he would go out 6 months. Currency is a tough game to play.

(Top Pick Jan 19/12, Down 1.93%) Still believes it is a long term thing. We know currency wars are going on. He is going to own this or something similar again.

(A Top Pick Dec 15/11. Down 3.32%.) Sold this one in September and probably broke even.