Interesting. I was just looking into taking a position on India and the rupee. There is a large gold run happening in India right now as well as them passing a historically high farm bill.
I'm thinking about buying INDL which is a 3x leveraged Indian stock index to hold for the next 4 months.
Mostly because I think Syria will remain a stalemate especially with the russians moving in for a block and Britain bowing out. Also shitty exchange rate means highly profitable companies who have mostly dollar revenue.
I'm also starting a small silver position contrarian that I am.
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Date: 2013-08-30 07:17 am (UTC)I'm thinking about buying INDL which is a 3x leveraged Indian stock index to hold for the next 4 months.
Mostly because I think Syria will remain a stalemate especially with the russians moving in for a block and Britain bowing out. Also shitty exchange rate means highly profitable companies who have mostly dollar revenue.
I'm also starting a small silver position contrarian that I am.