Practical ways to short the aussie $

Discussion in 'General Precious Metals Discussion' started by Abossy, Sep 28, 2014.

  1. Abossy

    Abossy Active Member Silver Stacker

    Joined:
    Jun 20, 2012
    Messages:
    386
    Likes Received:
    52
    Trophy Points:
    28
    Location:
    Perth, WA
    Looks like it could be headed alot lower.....anyone have any decent strategy on shorting without using insane leveraged FX trades?

    I got some more unallocated gold $1371 a week ago, that looks like it could be a good hedge - I remember back in 08 when the dollar tanked down to the high 50's, aussie gold price was unscathed.....

    But I was looking for an instrument I could use to trade. Is there anything on the ASX anyone is aware of? Is there a CFD or are they for listed companies only?
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48

    GOLD
    [​IMG]

    SILVER
    [​IMG]
     
  3. Abossy

    Abossy Active Member Silver Stacker

    Joined:
    Jun 20, 2012
    Messages:
    386
    Likes Received:
    52
    Trophy Points:
    28
    Location:
    Perth, WA
    Guess I'm buying more gold
     
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW

Share This Page