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What Happened When Alex Kenjeev Paid His Student Loan in CashFor those looking to diversify their portfolios to include foreign currencies -- as a hedge against U.S. dollar weakness -- global expert Nick Vardy points to an intriging exchange-traded fund: Powershares DB G10 Currency Harvest Fund (ASE: DBV).
In his Global Bull Market Alert, he explains, "This ETF will not only to protect our capital, but also to generate steady returns over the course of the remainder of this year.
The advisor points out, "For all of the attention focused on the world's stock markets, total trading volume in the world's currencies, including derivatives and futures, averages around $2.9 trillion a day, about 10 times the combined daily turnover on all of the world's equity markets."
He continues, "The best way to play the currency game is through the DB G10 Currency Harvest Fund, a low-cost currency hedge ETF with a proven technical trading strategy."
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